Question

Write a story about what could happen if you purchase a home without a

financial plan in action. In other words, what could go wrong, what could
happen as a result, and how could it have been handled differently?

Answer 1

i'm not going to write the whole story but i'll give you a few details :)

- the person ends up buying a house that was falling apart, pipes breaking/leakage, roof falling apart, floorboards splitting.

- goes for a loan to fix the house but doesn't know the process of the loan and gets put into debt.

- tries to fix the house himself cheaply, it works for a week then it goes back to what it was. a lot more holes and breaks show up. hires someone to come fix the things that were breaking and gets put farther into debt and loses a lot of money.

- falls behind on his mortgage and eventually, the house gets repossessed (sorry if i spelt that wrong)