06-17-2004, 05:44 PM
If you can't afford a down payment, that's alright. Just be careful that your new rent won't be equal to or higher than your current rent. You'll never get ahead of the game and get a good headstart on saving for homeowner ship.
Renting, while something that is a must, is an essential waste of money because you have no equity in the end. It can help establish good credit, but you have nothing to show for all of that money. Get into home ownership now before these great interest rates go away....AND THEY WILL THIS YEAR!
Renting, while something that is a must, is an essential waste of money because you have no equity in the end. It can help establish good credit, but you have nothing to show for all of that money. Get into home ownership now before these great interest rates go away....AND THEY WILL THIS YEAR!