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					Originally Posted by  justplugit
					 
				 
				Yup, simple solution-- 20% down, and good credit rating. 
 
FHA still only requiring 3-4% down. 
 
When people have to work and save a 20% down payment they have a tendency 
to take care of their property and think twice before foreclosure as they have 
their sweat and tears in their house/investment. 
			
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 Absolutely.  For most, putting 20% down also demonstrates that you can be responsible with your money.  For a $250k house, it doesn't take nearly as much commitment to scratch together $8000.