Posted on May 15, 2019 - 11:49 AM
by Angel McCullough
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.
Ms. McCullough, listed my home on a Friday, and on Monday, had 4 offers, which she quickly sorted through, weeding out the "tire kickers". Within a month the house was sold, and she facilitated a two week closing, check in hand! She's an extremely energetic young woman, with a very positive attitude, and she possesses an inner level of motivation to assist her clients that is exceptional!Preacher8888