Fixing the Problem-- Part 2 Solving the problem.

The first step in getting a home is fixing any money problems you may have.

• Get a credit report on yourself and check out what is on it. (To get one go to www.freecreditreport.com).

• If your credit needs repair, start work on it now.

• Do not get into any new debt.

• Live within your means. Make a budget and live by it.

• Cut up (or lock up) the credit cards, if they are a problem for you

• Start saving money. If you have poor credit, it is much easier to buy a home with a down payment, than without.


There are many sources of help available.

For help clearing up credit and getting debt under control, see Consumer Credit Counseling Service at http://www.cccsintl.org. They provide budget counseling, educational programs, debt management assistance and housing counseling. There are also many local branches of this nonprofit organization. There may be one where you live.

Beware of some “for profit” organizations that will help you consolidate debts. Often they are very costly. Why go to them when you can get free reliable help from a respected non-profit organization like Consumer Credit Counseling Service?

Some other places to go online for more credit advice and help:

• The National Foundation for Credit Counseling’s site “Debt Advice.”
http://www.debtadvice.org

• The American Savings Education Council
http://www.asec.org/toolshm.htm

• Making Lemonade - Help for single parents.
http://makinglemonade.com/

• Debtor’s Anonymous - a good resource when thing get out of control.
http://www.debtorsanonymous.org/


From the book "Buying a Home When You Have Bad Credit-- 12 Ways to Purchase a House When You Can't Get a Home Loan" by Alexis Dey. ©2005 Mohave Publishing. All right reserved. http://i-can-buy.com