3 Thoughts on will the process of buying a home change now that the market is in trouble?
  1. Reply
    golferwhoworks
    August 4, 2011 at 4:42 am

    it has not changed yet. Yes 10% is fine if it a home you will live in

  2. Reply
    godged
    August 4, 2011 at 4:42 am

    10% is fine.

    I doubt the process of buying a house is going to change any, if at all, from what it is now.

  3. Reply
    Pu_Rock
    August 4, 2011 at 5:35 am

    It hasn’t changed immensly. 10% is still okay for a downpayment. And if you are a first time home buyer, you can put down 3%.

    The only things that have changed are stricter lending practices. Such as 0 downpayment. Overqualifying individuals for loans. Etc.

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