Homeownership

July 26, 2020
I want to buy a house, but my credit isn’t good. What can I do?

I want to buy a house, but I have bad credit. Should I file bankruptcy? What should I do? Submitted by Marcella S. Buying a home is many people’s idea of achieving the American Dream. But the road to homeownership can be stressful, confusing, and overwhelming. When I purchased my first home, I had no…

June 30, 2020
Is 58 too late to try to buy a home?

Submitted by Darlene D. For many people, homeownership is an essential part of achieving the American Dream. I applaud you for pursuing your home ownership goals. In my professional opinion, it’s never too late to buy a home as long as you can afford the mortgage. With modern health advances, people live much longer. So…

April 02, 2020
I just paid off a house that I got on land contract. How do I add it to my credit report?

Submitted by Renee K. This is a great question. Before your question, no one has ever asked me about this, so thank you for letting me get this info out! I consulted with my friend and colleague Tina Marie, who knows a lot about land contracts. What’s a land contract? A land contract is an…

March 22, 2020
How much should I save before I buy a house?

Buying a home is a big life decision. One of the questions that will come up is how much you should save before starting the home buying process. Here’s how to answer that question. Buying vs. renting a home The first step is to make sure that you&...

April 25, 2020
I own a home, but I would like to move and rent out my home. What’s my best option?

I own a home that I bought only two years ago. In five years, I would like to relocate to Nevada. I’d like to rent out my existing home to have some net income, but I also would like to purchase another home in Nevada. I have no savings for a...