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Community: Investing Wiki

Term Of The Hour

finance new home: Original post by Lee Nichols of Demand Media Whether you are selling your home or plan to apply for a second mortgage to finance the purchase of another home, you must know the amount of equity you have available in your present home. Typically, lenders require that you place a minimum of 20 percent of a home's sale price as a down payment for its purchase. However, some lenders will finance a…

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