10 STEPS TO SAVE FOR A DOWN PAYMENT

how to start saving for that dream home. the down payment is often the toughest hurdle to clear when buying a home. the down payment is usually the toughest part of home buying. whether you are applying for a FHA ( federal housing administration) mortgage with a 3.5 percent down, or opting for a conventional loan with 20 percent down payment, either option can take you years to save.   it can be even more difficult you have rent, car payment, credit card bills and school debts  But don't give up on your dream, with a little planning, a lot of saving and commitment you can achieve your goal. HERE ARE A FEW SUGGESTIONS FROM U.S. NEWS TO GET YOU STARTED ON THE RIGHT TRACK.

1. NEGOTIATE YOUR RENT
2. REDUCE YOUR MONTHLY BILLS
3. LOOK INTO INVESTMENT PROGRAMS
4. CHECK OUT LOCAL HOME PURCHASING PROGRAMS
5. HAVE A YARD SALE / SALE ITEMS
6. MONITOR YOUR SPENDING
7. GET A PART-TIME JOB
8. REFINANCE DEBT
9. REDUCE YOUR LOAN PAYMENTS
10. KEEP TRACK OF YOUR PROGRESS