Using wedding-present money for a down payment

Some couples today are breaking away from the traditional china, silver and linen gift registries when it comes to asking for wedding gifts. They’re asking for money. A wedding-day cash infusion can make it easier to put a down payment on a home. With home prices appreciating rapidly in much of the country, lots of couples need all the help they can get.

There are formal and informal rules governing gifts of money to help newlyweds buy a house. First, the informal rules: Is it OK to ask one’s wedding guests for money?

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