Monday, October 22, 2012

The Dream -Becoming a Homeowner

This has been my dream since forever. There is just something satisfying about owning your own home. Maybe it  is the since of accomplishment or maybe it is the joy of having your child witness this accomplishment. Whatever it is, owning a home has always been one of my top goals.
Recently I was doing some research about buying a home and discovered that with a little research knowledge, the dream of home ownership can be a not so distant reality. There are so many foreclosures on the market, one could buy a home for $40000 or  less in some cases , even with not so good credit.

Sites like Trulia.com have listing such as these and even craigslist.com. If this doesn't help, the bank themselves have list of foreclosed homes that they are selling. There is also another method of home ownership that is becoming popular and that is, taking over someone else's mortgage  You can pay as little as $10,000 and legally take over the mortgage statement of someone behind on their mortgage payments. Its a win/win for both sides.  I must say I have been considering this method as well. Whatever method a potential homeowners considers, the great thing about is , you will have options and that's always a good thing.