By Marcie Geffner - LendingTree.com
It’s a common misconception that buyers need to save up a lot of money to purchase a home. In fact, it’s possible to buy a home with a very modest sum for a down payment and closing costs.
The down payment is often the most daunting aspect of the process for first-time home buyers. Repeat buyers usually are less concerned about putting money down because they can use the equity they have in their current home to buy their next home.
Read more:
http://blog.lendingtree.com/2015/07/06/5-smart-says-to-get-a-down-payment-to-buy-a-home/