Can we afford to buy a house? If we buy a house together, we can afford?
I’ve been with my boyfriend for about 3 years. We have had our ups and downs, but I know I want to spend the rest of my life with him. Its really bad credit. A, 4 years ago, he owned a restaurant that went bankrupt (apparently, it’s his credit until 2012) and to make matters worse, last winter (07-08) had closed his condo (he the work was unnecessary and could not pay all your bills). Currently, he is ready for a very good job, where he makes about $ 70K/year, it has no debt on their credit report and defects on the closure and bankrpucy. Diefintely He tries really hard to make things right again. When it comes to me, I was an idiot during my first years of my college credits. But since 2004, I have not had any bad marks on my credit report and I have absolutely no debt (my student loans are repaid, and I drive a company car, which I do not pay) my score Credit is about 620 dates, but it moves quickly and should also be over 650 by the spring. I am a great, steady job where I make a sale for about $ 90k/year. My boyfriend and I live together and the rent is $ 1500/month utilities aparmtnet exclusion. This is the point where I’m dying to own your own home. I feel like I’m throwing money away by paying rent each month. We just started looking for a house. We are looking in the $ 350 – $ 399K range and you have to understand where we live, that does not give you much, but we try to do everything we can. As my friend’s credit is so bad that the mortgage will just go under my name and my credit card. Was I even going to be able to get a mortgage on my income and not using yours? I have $ 18K for the down payment and I also have about $ 14K investment. Do we still want to buy that stupid? I think with the market the way it is, is the perfect time to enter a beautiful city on the cheap before the market goes üles.Kui we did not buy a house together, we get documents written by a lawyer, stating that the house in my name, so that the situation will not be messy. Also, my father would prenuptial agreement in question, because he knows the whole situation that you need to understand … If we get married … I’ll take my credit, I wouldnt want to go home to my good credit?