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
Buying Your First Home?
10 things you need to know before you make the biggest purchase of your life