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Anxst · 10-24-2005, 05:46 PM

Quick question, and I'm speaking in generalities, so I realize your answer won't be very precise. I'm wondering what my chances of being able to buy a house are.

My annual income is 26,500.00 per year. My credit, while not horrible, isn't too hot. I had some bad financial decisions in my past, and then spent the last 5 years staying afloat...no credit cards, paid most bills on time, etc. However, I got married 4 years ago, and she has lots (about 4k) of unpaid medical bills in her past that have been festering for quite some time. I've never owned a house.

Even better, I don't want to pull our third into the equation, as she has unpaid school loans she hasn't been pitching money at for quite some time. So, I can't really add her 22k a year into the equation...and legally don't have to.

I'm just sick of paying rent when I could probably be buying a house for not that much more each month.

With first time homeowner type help, how bad are my chances?

10-24-2005, 05:46 PM	#12 (permalink)
Anxst Condensing fact from the vapor of nuance. Location: Madison, WI	Quick question, and I'm speaking in generalities, so I realize your answer won't be very precise. I'm wondering what my chances of being able to buy a house are. My annual income is 26,500.00 per year. My credit, while not horrible, isn't too hot. I had some bad financial decisions in my past, and then spent the last 5 years staying afloat...no credit cards, paid most bills on time, etc. However, I got married 4 years ago, and she has lots (about 4k) of unpaid medical bills in her past that have been festering for quite some time. I've never owned a house. Even better, I don't want to pull our third into the equation, as she has unpaid school loans she hasn't been pitching money at for quite some time. So, I can't really add her 22k a year into the equation...and legally don't have to. I'm just sick of paying rent when I could probably be buying a house for not that much more each month. With first time homeowner type help, how bad are my chances? __________________ Don't mind me. I'm just releasing the insanity pressure from my headvalves.