NO, i bought my first home at 18, you can certainly purchase if you are 18 or older and have good credit, have a steady job and an adequate savings for down payment and closing costs. meet with a local and trusted loan officer who can guide you and prequalify you.... more
Buying a house is a bad financial decision right now. Anyone who tells you different is a liar. I have a degree in Business Administration with a Concentration in Corporate Finance. The houses are still overvalued. Purchasing a home will not be a good decision until homeowners get their homes above water.
If you are purchasing a home to raise a family or because you want a better quality of life. I recommend going green to preserve the value the best you can.... more