Did you know February is National Weddings Month? In honor of this occasion, I thought it would be a good idea to talk about how all that wedding cash can be used for the best gift, a home.
It’s as easy as 1-2-3.
1. Set up a simple savings account called the bridal registry account prior to the wedding.
2. Deposit all the gift money into that account.
3. Use these funds for the 3.5 percent required down payment
Taking these initiatives will help them get a fresh start for their new home. But just like anything else, talk to me to make sure they can use these funds without any issues. It pays to cover all your bases.