http://www.mortgagecreditproblems.com/blog/funding-your-down-payment-with-a-gift/ Expert Advice & News on Bad Credit Mortgage, Mortgage Refinancing & Home Loans Fri, 10 Sep 2010 18:54:19 +0000 http://wordpress.org/?v=2.3.2 http://www.mortgagecreditproblems.com/blog/funding-your-down-payment-with-a-gift/#comment-14363 Gina Pogol Thu, 20 May 2010 18:58:52 +0000 http://www.mortgagecreditproblems.com/blog/funding-your-down-payment-with-a-gift/#comment-14363 Just want to make the point that co-signing can really damage a relationship. For example, if you file for Chapter 7 bankruptcy, your creditors immediately sue your co-signers. If you make a payment late, it goes on your cosigner's credit report. And can anyone guarantee that they will never be late on a payment? What if you lose your job? Or have a serious accident or illness? Just want to make the point that co-signing can really damage a relationship. For example, if you file for Chapter 7 bankruptcy, your creditors immediately sue your co-signers. If you make a payment late, it goes on your cosigner’s credit report. And can anyone guarantee that they will never be late on a payment? What if you lose your job? Or have a serious accident or illness?

]]> http://www.mortgagecreditproblems.com/blog/funding-your-down-payment-with-a-gift/#comment-1929 Anna Tue, 03 Mar 2009 21:58:57 +0000 http://www.mortgagecreditproblems.com/blog/funding-your-down-payment-with-a-gift/#comment-1929 Haha that's funny. So I have to find a relative I DON'T like and convince them to co-sign for me :-) Haha that’s funny. So I have to find a relative I DON’T like and convince them to co-sign for me

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