Chitownproperty

This may seem like common sense, but home buyers should think hard about financing their purchase with no money down. If you plan to live in the home for a long time, you can outlast any short-term plateaus or drops in home values, limiting your exposure to mortgage default. But as this article in the Tribune explains, you may encounter circumstances that force you to move. At the very least, if you must finanace a home at 100%, have a contingency plan in case you’re forced to sell early.