IP360 PRESENTS: THE OFFICIAL CREDIT AND HOUSE HUNTING THREAD

devlyn said:
Got you thinking of the possibility of finding a lower price house and remodeling to how you want it??
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Yeah I guess. But I dunno if I got the patience for all that tho. At least not right now.

B/c that particular house I know for sure is gonn a need a ton of work.
 
BNE said:
Do you have debts currently (other than mortgage)? Pay them down as quickly as you can. If you're debt free, get a credit card without monthly fees and use it for purchases no greater than what u have available in ur checking account. Pay off the balance on time n u shld be racking up points n maybe even cashback. That's what I'm doing to build my credit up.

I'm great with money but very anti-debt, so my lack of borrowing history was what held me back.
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I was just told to get a credit card. I'm slowly paying off people I owe and I signed up to get some stuff knocked off. I fear credit cards, I'm addicted to the swipe.
 
BNE said:
Stay away from credit cards while you're paying off your debts. They check debt to income ratio n it might not look good. Develop a long term timeline n look @ how quickly u can pay ur debts off realistically, how much u can save by x date for the larger downpayment for the house, n whatever other major financial goals u have.

then work with that timeline while u evaluate ur spending habits. there's a budgeting app called Mint, it shows ur outgoing transactions. it can help keep u in line. if u know ur addicted to the swipe, u have no business fuckin with credit cards just yet. its good ur self-aware. cross that bridge when it comes to it.
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I use Mint. I love it so much. It's been helping me a lot.
 
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Kandy Pants said:
How do you deal with someone


I use Mint. I love it so much. It's been helping me a lot.
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If it is your first house look into first time homebuyers programs. You can put as little as 3 percent down. As far as credit it is the bureau's job to make sure they can prove all your debt so challenge anything old or something that may be off. But like Shotta said pay off your old stuff before you start with new debt. Also getting too many credit cards and having too many inquires lowers your credit score so if you are going to get cards space them out. Last thing having a loan helps your credit score so if you take out a loan of any sort and use it to pay off your debt it is a two fold win even tho you have to pay off the loan.
 
Maybe both.

THE OFFICIAL CREDIT & HOUSE HUNTING THREAD

I made the thread for everyone to post their house hunting experience. I didn't know who else was searching.
 
devlyn said:
So what's your reasoning and thoughts for this decision?
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Mainly I'll be the 1st one it.

Wit a house that someone has already lived it, gotta put money in for inspections, fixing all the issues, etc.

At wit a brand new home, it's all new. Building from the ground up, you can customize it the however you want.
 
IP360 said:
Mainly I'll be the 1st one it.

Wit a house that someone has already lived it, gotta put money in for inspections, fixing all the issues, etc.

At wit a brand new home, it's all new. Building from the ground up, you can customize it the however you want.
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That does sound reasonable.

So you have found some that you are looking at building?
 
devlyn said:
That does sound reasonable.

So you have found some that you are looking at building?
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We went to a realtor week before last and checked out the display home they had. Really enjoyed it.

He pretty much showed us a list of everything that's included for free when they build one of their homes. Before we left, he gave us direction to a couple lots they've purchased in neighbors not to far from us.

The one I'm leaning towards was in a nice neighborhood that had the diversity I liked. Plus it didn't throw off the time it took for me to go to work.
 
IP360 said:
We went to a realtor week before last and checked out the display home they had. Really enjoyed it.

He pretty much showed us a list of everything that's included for free when they build one of their homes. Before we left, he gave us direction to a couple lots they've purchased in neighbors not to far from us.

The one I'm leaning towards was in a nice neighborhood that had the diversity I liked. Plus it didn't throw off the time it took for me to go to work.
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That's good to hear then, good luck.

So I'm just going to be a little curious. Buying a house is serious step... I know now you got an s/o whom you are planning to buy this house with. Are you getting married or have plans to get married anytime soon?
 
devlyn said:
That's good to hear then, good luck.

So I'm just going to be a little curious. Buying a house is serious step... I know now you got an s/o whom you are planning to buy this house with. Are you getting married or have plans to get married anytime soon?
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That's the million dollar question everyone and their mama ask. Lol
 
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