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Old 07-19-2005, 10:51 AM  
Peaches
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Join Date: Oct 2002
Location: Away
Posts: 13,933
No! Also put down at least 20% so you don't pay PMI.

I took an HELOC out immediately so I'd have access to the downpayment but if you don't use it, it doesn't cost anything. It's my "dire emergency" fund ;)
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