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2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

   www.aol.com/lifestyle/smart-buy-foreclosed-home...

   Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide. While foreclosure rates since then have fallen ...

3. What is a down payment? - AOL

   www.aol.com/finance/down-payment-180952544.html

   Consider these pros and cons: Pros of a bigger down payment. Smaller monthly payments: Let’s look at the difference between 3 percent down and 20 percent down on a $400,000 home. With a 30-year ...

4. How to save for a home down payment when rates are falling - AOL

   www.aol.com/finance/save-home-down-payment-rates...

   Down payment assistance programs are grants and low-interest loans that organizations provide to buyers to put toward their down payment or closing costs. You’ll need to meet the program’s ...

5. Guide to no-down payment mortgages: Am I eligible? - AOL

   www.aol.com/finance/no-down-payment-mortgage...

   Sponsored by the U.S. Department of Housing and Urban Development (HUD), the program provides a discount of up to 50 percent on a home with a down payment of just $100. Pros and cons of a no-down ...

6. Down payment - Wikipedia

   en.wikipedia.org/wiki/Down_payment

   In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction .

7. How Much Should You Save for a Down Payment on a House? - AOL

   www.aol.com/much-save-down-payment-house...

   A down payment is a one-time upfront payment you make toward the purchase of your home. Although there are exceptions, you can expect to pay a down payment of between 5% and 20% of the purchase price.