http://www.midmorealty.com/blogs/down_payment_sources/atom.aspxCommunity Server2007-01-25T13:49:00Zhttp://www.midmorealty.com/blogs/down_payment_sources/archive/2007/01/25/creative-sources-for-downpayments.aspx2007-01-25T19:49:00Z2007-01-25T19:49:00Z<p>You&#39;re finally ready to take the big step of purchasing your own home, but you&#39;ve run into a snag....the dreaded downpayment.&nbsp; Sometimes a little creativity goes a long ways.&nbsp; Here are a few ideas that we&#39;ve seen Buyers use successfully.</p><p>*Savings</p><p>*Sell a car, boat or other &quot;toy&quot; you can live without for now and replace later.</p><p>*Receive a tax-free gift from parents, grandparents or other relatives.</p><p>*Equity share with parents or friends.</p><p>*Asking the seller to help you with the financing.</p><p>*Borrow against a pension plan or life insurance policy.</p><p>*Use your business as collateral.</p><img src="http://www.midmorealty.com/aggbug.aspx?PostID=22688" width="1" height="1">408618http://www.midmorealty.com/members/408618.aspx