Is it a good time to buy a house on credit?

  1. coolbreeze profile image51
    coolbreezeposted 7 years ago

    Is it a good time to buy a house on credit?

    Without a stable job skill or profession is it ever a good time to buy on credit?

  2. beebong profile image64
    beebongposted 7 years ago

    If you have a secure job anda deposit now is the time to buy a home or a property to rent out. Low demand vs high's a no brainer in the case of the US. Security right now counts because there is not much confidence in the market. If you decide to buy get a straight repayment mortgage with no low start deals and you will be fine so long as you have worked out your own strategy for if things go pear shaped. Then you are confident and safe. Good place to Buy and Rent-out. Cheap property high demand for renting.
    Renting-out equates to a free investment if you can afford the risk.