Should I encourage home ownership to my 19 year old?
My Daughter is currently a sophomore in college, steady/ moderate income, with a credit score of about 700. She has been very aggressive in trying to move out and getting her "own place" she would plan on renting out a room to assist with mortgage cost. I am just worried, will she be able to take own all the responsibilities of Home Ownership. She has about $2500 saved. Wise council would be greatly appreciated. :)