Posted on April 18, 2019 - 10:55 AM
by Sal Mazzocchi
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.
Crystal is very friendly, honest and knows about the local areas. She has lived here all her life. She understands your needs and does her very best to accommodate all your special needs. I would recommend her to any and every one I know who is trying to buy and/or sell their home.Nikky McLain