If you have bad credit it’s
a better bet that you can get financed for a car but keep in mind that you can
still buy a home in Michigan you just have to time it right. If you budget
right you could see yourself with a car and a house.
Real estate is about
timing and location, plus your budget. But if you have a budget plan you will
be able to afford the things you want in your home. It’s so much easier to buy
a car because you can always find someone that will be able to finance you to
get into a car. Lenders are now strict with rules when it comes time to shell
out cash for a home.
So if you can get
approved for a 200k housing loan in Michigan the better you will be because the
average home is going on the market now for about 100k. That means that homes
in Michigan are still cheap and if you hit the market right you can get a real
deal on a home that once cost 250k. Even through its still a seller’s market
buyers are find diamonds in the ruff and if you don’t jump on them they will be
gone before you know it and you will have to move on to your next option which
might be a car or another house that is left in foreclosure.
No comments:
Post a Comment