How to Buy a House as a Single Mom
AuthorAmanda Dodge. Date:
Life as a single mom requires a delicate financial balance as you ensure the needs of your kids and yourself are thoroughly met. However, that doesn’t mean homeownership is out of reach. Studies by LendingTree have found that single women own more homes than single men – 2.71 million more homes to be exact. The homeownership rate for single moms is around 34% with more single mothers looking to buy. You can take steps today as a single mom to become a homeowner soon. Follow these steps to learn about your financial opportunities and available resources while preparing the right paperwork to start the mortgage process. Here’s how to buy a house as a single mom. 1. Find a Real Estate Agent Who Understands Your Needs The first step is to find a real estate agent who can provide honest advice and guide you through each step of the home-buying … Continued
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