uptake - the process of taking food into the body through the mouth (as by eating) consumption, ingestion, intake. eating, feeding - the act of consuming food. deglutition, swallow, drink - the act of swallowing; one swallow of the liquid was enough; he took a drink of his beer and smacked his lips.
One of the biggest obstacles for first-time buyers is to finance the down payment and closing costs of a new home. Government agencies provide grants and tax breaks to help buyers overcome the challenges of buying a home for the first time.
What about first-time home buyers or those with little to no equity? In today's market, it is prohibitive even for the most frugal of first-time home buyers to come up with a traditional down payment. Houses that sell for $200,000 would require a down payment of $20,000 to $40,000, but there are options. Let's look at some of them.