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Give the gift of equity

Gift equity is the art of giving someone some equity to help them purchase the house. Some lenders only allow this for family members while others do not have any restrictions on who can give gift equity. If you can find someone who is flexible with their equity then this may be a helpful factor in your home buying process. You should look for ads that say "seller financing" or "motivated seller" in order to make sure your time isn't wasted too much.

If you are selling your property gift equity can be a valuable tool and incentive for the buyer to take deed to the home.

While there are many methods of creative financing, gift equity allows the buyer to have instant equity when taking over the deed. They can use this equity to get another mortgage or they can hold on to it and build it up.