When you are on the hunt for the right home, time is of the essence. Homes at entry-level price ranges typically sell quickly, and you want to put your best foot forward when making an offer, because you will probably have competition. When markets are competitive and sellers receive multiple offers, they want to see the buyers’ best offers, including a sizable down payment. From a seller’s viewpoint, buyers who have more money to put down are more attractive because it is less risky to the seller and  A higher down payment can indicate to a seller that you have enough cash on hand and solid finances to get a final loan approval (and get to the closing table) without a hitch. Also, a higher down payment could beat out other offers that ask for sellers to pay closing costs or offer below the asking price. Someone with a sizable down payment is unlikely to request such assistance, and sellers are more likely to work with a buyer who has the money and motivation to see the purchase through with minimal haggling.