Posted on April 10, 2019 - 09:59 AM
by Liz Riddick
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.
House was listed, contracted, and closed in less than 2 months. Liz and her team were there every step of the way. Never had to take any time away from my business...they came to me if necessary to keep the process flowing. Phone calls and/or emails either immediately answered or replied to within a very short time. Very professional, very personable, and I would not hesitate to recommend to anyone looking to buy or sell real estate.user740788