Buying A Home
litt1er4
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Poll: How much did you put down?
Granted I know that at least 20% is desirable but not always possible... I am just curious?[Poll]
Re: Poll: How much did you put down?
3.5% FHA here.
I don't, necessarily, think there's anything wrong with putting less than 20% down.
Cost of living can make a huge difference. We would have had to seriously save for at least 5 years to get to 20% (of prices today, assuming home prices don't go up at all). In HCOL, you'd easily need a 6 figure savings to put down 20% on an average-sized home.
We could have put significantly more than 3.5% down, but felt better about keeping the cash in the bank. 2 years in, and it's worked out perfectly so far.
There are a lot of factors to consider, and as long as 3.5% is not ALL of the money you have, I think it's definitely reasonable.
your poll is worded to give odd results...
regardless, we put 15% down.
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