Question by ilaz773: Single Mom Indiana going crazy trying to figure out buying a house,fixing credit,rates,costs etc..please HELP!
I am desperetly wanting to buy a house instead of renting again. I need a much bigger house than the rental home we’re currently in. I would like to start the process to purchase in about 2 weeks. I was planning to put 30,000 down however it seems I shouldn’t do that because my mortgage will still be the same each month I’m told. My credit is in bad shape for stupid things. In total I’m in debt about $ 3,500 half of that is medical bills. I just got my credit report and plan to pay it off, however I’m told don’t pay it off make payments to build credit. I don’t know what to do to start or what route to take. I am currently living in NW Indiana but this area is so overpriced for mostly crap houses. The houses that I’ve found that are decent are too high , I know I wouldn’t get qualified for that amount. I always hear about 1st time homebuyers programs, yet I’ve not comes across any online info. I really want to move to Indianapolis area,way more affordable. Any help anyone can give me?
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