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Reply to "Earnest money in MD - where do buyers come up with 5-10% before selling their previous home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How did we afford it? We bought a house lower priced/payments that we could afford so just in case something happened, we could still manage. We saved and saved and saved and were able to put down 20% (and had a little bit of family help). How could we do it again... we save and save and save and live under our means.[/quote] If you put down 20% for earnest money, you are a total fool. And screw you for lecturing other people about what they can and can't afford, when you had to take money from your family to afford a home. Finally, you're a simpleton if you don't understand that intelligent people don't sit around with hundreds of thousands of dollars in their pissy little savings account--ever heard of investments?[/quote] Once again, people are confusing earnest money with downpayment. Completely different things, people. [/quote]
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