asked:


I want to buy a house with my mother and two sisters. They are all on ssi and i work as a caregiver. i don’t believe any of us have great credit but i don’t think our scores are to low. I know we could afford a mortgage, but i am not sure what the steps are to buying a house.

Grace

Jozogo asked:


We are currently considering building an addition on our home but go back and forth with whether it would be better to just move. We are looking at converting an existing attached 2 car garage into a large rec room and building a new 2-car garage in front of the old one. We have the available space to do this. We’re also thinking about remodeling the kitchen at the same time and building a full bathroom (we currently have a half bath that would then become a walk-in pantry and/or coat closet? We don’t have a basement.

The next step up in homes in the area that might have a basement and are about 15-20 years newer than our current home are about $100k-$250k more in price.

It might also be noteworthy that we currently have a 5% 30-year mortgage with equity available for a home equity loan.

GILBERTO

Stacey J asked:


I have a excellent credit score, and I currently own a modular home. Since i am paying a mortgage plus i am renting my lot, i would like to sell and buy a house. The problem is that I was made an offer by the owner of my land to buy my house to rent it out, but the offer will leave me very little money left over. I know there is no better time to buy than now, but what are my chances given my fiancial situation?

DEMETRIUS