Buying Your First Home?

10 things you need to know before you make the biggest purchase of your life

the purchase price. And usually you’ll need a down payment of 5% to 20%. It takes alot of time, preparation and determination to buy a home, but it’s well worth it. For more information on the homeownership process, see our series in the March through July 2006 issues of BE and log on to blackenterprise.com. BE

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