Bankruptcy & Homebuying: The Real Fallout

Thinking about bankruptcy to wipe out debt? Dave Ramsey says, be ready for a long road back if you dream of owning a home. After bankruptcy, your credit score can take a 200-point nosedive, making it tough to get a mortgage for up to a decade. Lenders see you as a risky bet, so you’ll need to save more for a down payment and might pay higher rates. If homeownership is on your vision board, weigh the long-term impact before hitting reset. #RealEstate #MoneyTalk #HomebuyingTips