You may be tired of seeing commercials and ads telling you to check your credit score, but they have a point -- knowing your score is vital when considering a purchase as important as a home.
A low credit score can make it hard to get a loan, and even if you do obtain a loan, bad credit might affect your interest rate. If your credit score is below 700, it's probably not a good time for you to buy. Instead, why not look for a cheap rental to live in while you pay down debts and get your credit shored up? If you work hard, you may be ready to buy your own home within a couple of years.