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Posted on April 12, 2019 - 02:31 PM
by Andrea Holt
Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation.
Every $100 you pay per month on a credit payment could cost you about $10,000 in home eligibility. For example, a car payment of $300/month could mean that you qualify for $30,000 less in a mortgage.
Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. The last thing you want is to know that you could have purchased a new home had you curbed the urge to spend.
We have had the pleasure of working with Andrea as both a buyer and a seller. She was always happy to answer all our questions, address our concerns, and guide us through the process. She goes above and beyond in every aspect. We are from out of state and couldn’t always get there. Andrea helped us with everything. She is easy to work with, patient, helpful, knowledgeable, friendly… a true professional! Andrea is a great realtor, a great person and we highly recommend her! wcreitz
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The data on this website was last updated 2019-04-21.