Scrounging Up a Down Payment for Your Santa Cruz Real Estate

Posted by Lauren Spencer on Saturday, June 20th, 2009 at 11:23am.

You've decided to take the plunge and buy a home for your family.  With the banking industry in the shape it is, unless you have stellar credit, you'll need a more sizeable down payment than ever before.  So, how do you get the down payment for the Santa Cruz real estate you've always dreamed of?

Get Scrounging

Scour your attic, basement and storage units. Look in every nook and cranny to find items that are in decent shape, but no longer used, and have a garage sale.  Sure it's usually pennies on the dollar of what your stuff is worth.  But if you're not using it, someone else can, and you get the cash in hand. If you find items that are more valuable, sell them on eBay.  Every little bit helps.

Rich Relatives?

Hey, if you have'em use'em. This is no time to feel shy about asking for a gift. Purchasing Santa Cruz real estate is a wise investment.  Many relatives who might otherwise be unwilling to give cash for frivolous items are happy to help loved ones buy a home.

Sell Something Big

Having precious jewelry or antiques is a great asset.  Consider selling items you've been holding onto as investments, in order to get the home of your dreams.

There are many ways to come up with the down payment and financing you need to buy Santa Cruz real estate.  I can help.  Give me a call to day at 831.662.6522 or email me at




Garage sale:

Ways to come up with the down payment

About Lauren Spencer

Award-Winning Santa Cruz REALTOR®

Lauren Spencer is your local real estate expert, specializing in Santa Cruz real estate and surrounding communities—this is where she lives, works, and plays too. Let her know your questions about the community and county and she'll be happy to fill you in on all you want to know! Lauren Spencer has consistently been voted best local REALTOR in Santa Cruz and is always happy to offer her advice and expertise. Call her at: 800.226.4717.

Join Lauren On Social Media

Leave a Comment