Smart Moves: Money diet can help buyers save for a home

 
BY ELLEN JAMES MARTIN
Published: June 25, 2011

Contrary to popular belief, these days you may not need a whopping 15 to 20 percent down to finance a home. Though mortgage-lending standards remain stringent, low down payment options are becoming more widely available.

Still, nearly all homebuyers need cash, if only for closing costs and moving expenses. Are you cash-tight yet still want to take advantage of today's home prices? If so, amassing a war chest of cas...


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