Many young renters and workers are increasingly interested in buying their first home. But if you’re a first time homebuyer with a limited credit history, how can you possibly manage to achieve this part of the American Dream?
In fact, it is still more than possible. To help you get there, here are a few tips on getting that all-important mortgage.
Build Your Credit
The easiest way to get a mortgage when you don’t have a long credit history is to spend the time to build one.…
When you are in the process of buying a house, there are several options available to you. You can choose to buy an existing house in livable conditions, purchase a house with the intention of remodeling it or build a custom house. There are benefits to each choice. It really comes down to the amount of money and work you want to put into the house once it’s yours. Many people enjoy the luxury of designing their own dream home so they opt for the custom house option.…
If you want to stop renting but also have a low budget to work with, you still have some options to consider. You may not be able to afford the move-in ready single family home with a fenced backyard that has become the American ideal, but there are several other options that will provide you with a quality living situation while allowing you to buy within your budget.
Here are some non-traditional home ideas to consider instead.…
