Renter Turned Buyer

The majority of Americans want and dream of being home owners. But in this day and age that dream is hard to see. Mortgage prices are through the roof, and credit scores plummet because of the economy. People get laid off from a job, and without a steady job that home loan is awfully hard to get approved for.


That’s why we are seeing more and more people renting. Rentals are very convenient for those who cannot buy a home. Although credit does come into play here as well. If your credit score is down a lot of property management businesses will be hesitant to work with you, because evictions and court costs can get very expensive for tenants that skip out in the middle of the night and are never seen again.

Usually a credit repair program is a good idea for those who do not want to live in this black hole forever. Finding the right credit counselor who has your best interests in mind is key.

So the 1st step to recovery would be to find that right credit counselor.

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