chicago: How much should you put down on your new home purchase?
- 03/18/11 07:46 AM
Since I'm not selling books, audio tapes, or cd's my two cents on this topic might be of value to you. Much of my response may depend on one's personal budget and whether or not the down payment percentage would reduce the monthly payment within the buyer's means. For our purposes, let's assume the buyer has the down payment and the monthly obligation is not relevant. Under this scenario I say LEVERAGE it all. Why not?! Low rates, rock bottom home prices (let's hope), tax benefit, and most importantly CASH is KING! This will undoubtedly upset my grandparents who prefer to pay (0 comments)