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Reply to "how on earth can we save a down payment?"
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[quote=Anonymous]We bought a 500k house in 2008 with 3% down, we had no kids at that time, we figured we had wasted enough in rent. That was also the time when housing market had hit the bottom, 8yrs later we have 150k in equity and we are moving to a better school district with 30%down. My point here is that sometimes we plan and analyze a lot and blow up tons on rent with nothing to show for. Even if you don't have 20% down, buy something with 10% (only if you can manage the monthly payment), in the long run you will come ahead.[/quote]
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