The much-touted "mansion tax" was hailed as a panacea for Los Angeles' financial woes, promising to bring in a staggering $56 million per month. However, the harsh reality couldn't be further from the lofty promises.

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How Much Money Do I Need For A Down Payment
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How Much Money Do I Need For A Down Payment

It takes a lot of planning and preparation to purchase home and it's important there are no surprises. It's very important to know how much money you are going to need to put down for a down payment. We outline general down payment rules so you can have a better idea of how much you need to save for a down payment on a home.

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