I am currently in the process of buying a house myself. I am almost 30 years old and
in the past have made some bad decisions where credit is concerned and I am still
working on them to this day. I would stress how important it is having a good credit
score before you go and buy a house. I had to buy mine via land contract so I have
time to build my credit up. I would also let my friend know the importance of having
the house inspected. You won't know what you are getting into unless the house is
thoroughly inspected. Another word of advice I would give would be to keep your
options open and don't get dead set on one house because that particular house
may not work out.
First and foremost, if you are going to have a credit card, make sure you pay it off or
at least keep a good payment history. Second, make sure if you have medical bills to
pay them or they will really mess your credit up. Another thing is, if you have
student loans, which a lot of us do, make sure that you pay them, or make payments
on them as well. Make sure that none of your loans are delinquent and also do not
just go and get random credit cards unless you really need them.
I actually feel like I have a lot of knowledge about all of this. Being the age that I am,
I have had time to actually experience and learn all of this first hand. I wish I could
go back in time and teach my younger self and my husband how to make better
financial choices.
