Today Money financial expert Sharon Epperson joined us for a live Web chat Wednesday to answer your questions.
Here’s one of her answers to questions from the live chat. (See below for the full Q&A and video of Sharon’s TV appearance this morning.)
Darla asked:
“Hi Sharon. Me and my husband would like to downsize on our home, but our credit isn't good so we probably aren't in a position to purchase another home. We'd like to get something less expensive but see no way out. Any advice you can provide? Thanks!”
Sharon replied:
“Why don't you rent? Take the headache of home ownership (lawn care, home repairs and unexpected emergencies) off the table and focus on rebuilding your credit and building your savings.”
Here’s the full chat archive and Sharon’s TV appearance:
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