It’s not easy to buy a house.<\/p>\n
It has never been easy, but the over reaction to the subprime fall out has made it especially hard.<\/p>\n
But all it takes are 2 steps to begin: Save money for a down payment, and work on having good credit.<\/p>\n
I did say it’s not easy.<\/p>\n
Lenders are looking for near perfect credit nowadays. If you do not know what your credit looks like, pull up a credit report online that includes your FICO scores from all 3 credit bureaus.<\/p>\n
Credit repair<\/a> has become necessary for people who has not kept up with timely payments of their obligations. There are many good credit repair services<\/a> out there that can help. It takes some time to repair your credit<\/a>, so if you want to buy a house, take care of your credit right away.<\/p>\n Saving for a down payment also takes time. Start that right away too. Work out a budget and cut back where you can. If you can save a couple hundred dollars a month, that’s a good start.<\/p>\n Don’t depend on the lottery.<\/p>\n","protected":false},"excerpt":{"rendered":" It’s not easy to buy a house. It has never been easy, but the over reaction to the subprime fall out has made it especially hard. But all it takes are 2 steps to begin: Save money for a down payment, and work on having good credit. I did say it’s not easy. Lenders are […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-738","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/posts\/738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/comments?post=738"}],"version-history":[{"count":0,"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/posts\/738\/revisions"}],"wp:attachment":[{"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/media?parent=738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/categories?post=738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/katylee.com\/blog\/wp-json\/wp\/v2\/tags?post=738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}