No Money? No Job? Bad Credit? -- NO PROBLEM!
Is it worth it to pay the higher interest rate in order to become a homeowner? Only you can really answer that question-- but many have found that when you take into account the tax write offs you will receive (see Taxes), Plus, the money you will earn from appreciation, the security of home ownership (the landlord will never again tell you to move because he needs a place for his cousin), most people agree that a slightly higher interest rate is definitely worth it. How to Buy!
NOTE: If you buy the property and then work on the credit issues see credit repair, your home can be refinanced to a low rate within 6 months.
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