Most home buyers’ biggest hurdle is coming up with the cash for a sensible  down payment. Gone are the days of zero-down loans, so if that was your plan, you’re going to need a new one! Coming up with a down payment for a home is a challenge because it’s not chump change we're talking about, here. The down payment on a $200,000 house, for example, will run you anywhere from $7,000 (on an FHA loan) to $40,000!   That might seem like an insurmountable amount of coin to come up with, but it’s actually more doable than … [Read more...]