*cries*
No, $6K would be a good portion of it, but these days, it seems wise to put down 20%. Which on a $200K home (don't count on finding on in the SF Bay Area) is $40K. Yerk.
I know of the painfull reality of the San Fran area, my sister is in Foster City.
30 - 40k was what I had in mind 11years ago, then I realized we could easily afford the payments on a house with much less down and I am very glad we did, as that was the start of the boom in Calgary. Our house is now worth about 390K, and still slowly dropping due to the economy, last summer it was worth about 425K
, still a good investment.
