Posted on January 21, 2019 - 02:13 PM
by sonja muhm
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.
Sonja was great to deal with. She answered all of my questions. She was prompt and very professional. I highly recommend her! She is a great realtor. She has been wonderful after the purchase, as well. She does not hesitate to answer my questions, as being a "newbie" condo owner. You won't be disappointed!JenniLamberti Field