The uncertainty and high costs that come with renting a home necessitate home buying for many single mothers. Having to worry about the fast-approaching end-of-lease date or whether or not your kid(s) will have a roof over their head tomorrow isn’t fun either. When you buy a home as a single mother, the sense of self-accomplishment that comes with it will not only make you a better mom but will also boost your productivity at work and life in general.
Big home remodeling projects should be done when you have more time to make a profit (or at least break even).
But, that doesn’t mean it’s not a good idea to make some home improvements before selling.
You’ve found your dream home…now what?
Obviously, unless you’re flush with cash, you’re going to need to get a mortgage.
A successful home sale and purchase never happens in a vacuum.
Under ordinary circumstances, it takes a lot of people working together to have a successful real estate transaction. However, when you factor in the need to both sell and then buy another home within a short time frame the stakes are increased, as are the moving parts.
Your home is one of the most expensive purchases you’ll ever make so the pressure of getting it right can make buying your first home even harder than it has to be.