Almost all loan programs allow a gift to be used as down payment and closing costs, and people always have questions about gifts. Here are some FAQs:   What constitutes a gift? As the name implies, if someone gifts money to a buyer, they don’t expect to be repaid. In fact, the gifter and your buyer will both be signing a document stating such. Who can give a gift? The rule of thumb for government and conventional loans is a family member or someone who has a significant part of the borrower’s life (i.e. fiancé, partner, etc) What if the gifter wants to be repaid? The gifter is signing a document stating they do not expect to be repaid. Well, can the gifter loan the money, then? At that point, it’s not a gift, it is a loan, and that loan would have to fit in with the program’s parameters. What documentation does the gifter need to supply? 95% of the time, they don’t have to supply anything since funds can be wired directly to the title company. If the gifter transfers funds to the b...

 Baby Acapulco's Barton Springs Road officially closed for business. Bummer. They had powerful margaritas!  click here for the Austin Biz Journal Article. Baby Acapulco's Barton Springs location has shuttered The iconic Tex-Mex restaurant incorporated as Sanchez Enterprises Inc. has been in Austin since 1981, and its location at 1628 Barton Springs Road — along somewhat of a popular restaurant row — was viewed as its flagship location. It posted a sign on its front door saying it closed and directing patrons to its Riverside Drive or Stonelake Boulevard locations.

  I got to meet and chat with Activist, and overall good person David Hogg, this morning in North Loop Austin, Texas. David, a Harvard graduate, is here campaigning, and advocating for his various causes. Thanks to Nate Walker for the invite and heads up. https://www.traviscountydemocrats.org/

 I awoke circa 5:30 am this past Saturday, took a shower, grabbed a quick bite to eat and coffee@ QT; then rode my moped down to the University of Texas, South Lawn or "6-pack" area to view the LIVE ESPN taping and broadcast show, COLLEGE GAMEDAY. When I arrived on campus at 6 am it was still dark and there were plenty of fans already there. The actual LIVE College Gameday Show started at 8 am Central Time. We as fans are simply backdrop visuals and noise for the show. There were tons of fans signs, almost too many to even read. All of the On-Air TV Talent was friendly and excellent! Desmond Howard, Lee Corso, Pat McAfee, Kirk Herbstreet, and Nick Saban. Pat McAfee is the "get the home crowd revved up" talent, which is needed for the live show. Overall it was quite entertaining and free to attend. It'll get your Saturday juiced up. https://promo.espn.com/collegegameday/