
It's no secret that buying a house as a single parent is daunting. Not only are you investing in a home on a one-person salary but you're also supporting your kids on that same budget. Fortunately, you're not alone if you're a single parent dreaming of buying a house. Every year, about 39% of marriages in the U.S. end in divorce, leaving many newly-single parents looking to settle down to give their kids a sense of security. While saving for a down payment on a house can be a struggle for anyone, there are a few ways single parents can get the help they need to overcome the financial challenges involved in the home buying process. Here are a few tips you can use to make buying a house as a single parent a little less overwhelming. Look into homeownership programs About 78% of recent … [Read more...]
