Posted on October 22, 2018 - 05:00 AM
by Jeanette Raver
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.
My experience with Jeanette was wonderful. She was there to walk me through the stressful process from start to finish. You cannot say that about most realtors these days. Jeanette treated me more like a friend then a client. If you are looking to sell, buy, or sell and buy a home, I would look no further. She is honestly the most trustworthy realtor I have come by.Previous Client