re: Homebuying...fresh out of college

quote:

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So I basically have little to no credit, and am graduating in December. I got a great job offer in Texas, and am considering buying a home.

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First of all i would rent for at least a year for several reasons.

1) You have no idea where you want to live or any knowledge of the area you will be buying.

2) You probably don't have enough saved up for a down payment and i would suggest having a decent amount of savings before getting a house

3) You are young and you may move around a bit at first, i think buying a house if you plan on moving anytime sooner than 5 years is probably not a good idea unless you plan on renovating it.


BTW these all come from my personal frick ups so...