I moved to Phoenix, AZ, right out of university, however although I was weighted down with a significant amount of student loans, my future appeared bright, however i managed to land a job with an exciting start up business in my chosen field, and there was considerable occasion for upward mobility, bonuses as well as incentives! Rather than throw cash away on rent, I decided to invest into my own home.
As a first time homeowner, I had no idea what to look for or what to beware of. I found a condo on a corner lot that looked cute, suited my needs as well as gave some enticing amenities. The real estate agent certainly took fortune of my naivety. I didn’t know enough to ask for a condo inspection. As soon as I moved into the house, there were problems with a leaking roof, a lack of insulation in the walls, single pane windows, low water pressure as well as an older Heating as well as A/C system. At first, I was hopeful that I could solve these complications as well as create a comfortable living environment. I contacted repair professionals as well as charged their fees on my credit card; Unfortunately, the business I worked for went bankrupt. I had no warning, and one afternoon, I arrived at work to find everything shutdown. There was no severance package. I was unemployed as well as severely in-debt. At that point, I could no longer cover my mortgage or keep up with my credit card bills. I was still dealing with my student loans, then my credit rating was horrible. I couldn’t even sell my condo because of its condition; Fortunately, I discovered a cash condo purchaser in the Phoenix area. The business specializes in all types of real estate, from buying to selling, as well as makes offers on homes in any state of disrepair.