Possibly one of the most daunting tasks is purchasing a house. It is by far any person’s largest purchase, and on credit, for that matter. Unless, of course, you are wealthy or inherited a family-owned residence, a typical homeowner has a mortgage, or loan. It is also one’s biggest monthly bill, yes of course, renters have these too, I should know, because I’m still one myself. However, within the next 9-12 months this will change. I will become a homeowner. Moreover, in a suburb of Los Angeles.

Why aren’t I already a homeowner? Well, it’s definitely not an age thing, I’m well into my 30’s, and by many standards (the American Dream for instance), should already own a home. But, of course, living in the most over-priced city in America, according to Forbes, purchasing a house is a little scary, to say the least. So, how am I going to enter into the elite homeowners circle? With a lot of work!

A summary of my plan:

• pay down debt
• boost credit score
• save a lot of money

A simplified plan

A 3-step plan that seems simple enough. Maybe too simple or naive, but I have to start somewhere.