Monday, April 21, 2008
Restructure Your Debt Before Buying a Home (pfblogs.org)
The temptation of getting into the runaway housing market is understandable. Simple savings accounts are returning less than 2% per year. CDs and bonds are not much better. "Safe" funds are yielding 5% pre-tax. And real estate is surging, offering both equity appreciation and tax protection. However, if you are in debt, it's important to make sure you restructure it and consolidate it before taking the leap into the housing market.So many see the risk of taking on a house that is beyond their me
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