I moved to Phoenix, Arizona, right out of school… Although I was weighted down with a significant amount of student loans, my future appeared bright, and i managed to land a task with an exciting start up company in my chosen field.
There was considerable chance for upward mobility, bonuses and incentives, but rather than throw money 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 household on a corner lot that looked cute, suited my needs and gave some enticing amenities. The real estate agent truly took fortune of my naivety. I didn’t know enough to ask for a house inspection. As soon as I moved into the house, there were concerns with a leaking roof, a lack of insulation in the walls, single pane windows, low water pressure and an older Heating plus A/C system. At first, I was hopeful that I could solve these issues and create a comfortable living environment. I contacted repair professionals and charged their fees on my credit card! Unfortunately, the company I worked for went bankrupt. I had no warning! One afternoon, I arrived at toil to find everything shutdown. There was no severance package. I was unemployed and 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! My credit rating was horrible. I couldn’t even sell my house because of its condition, then fortunately, I discovered a money house customer in the Phoenix area. The company specializes in all types of real estate, from buying to selling, and makes offers on homes in any state of disrepair.