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Down Payment

What is Down Payment on a Home?

Home Down Payment

When purchasing a property, a down payment is the initial payment made by the buyer towards the total purchase price. This payment is usually made in cash and represents a percentage of the total cost of the property. The amount of the down payment is determined by the purchase price of the property and the lender’s requirements.

Dan Skelly Real Estate March 31, 2023March 31, 2023 Colorado, Down Payment, Florida, Real Estate Terms Read more
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