Posted on April 5, 2019 - 03:28 PM
by Heidi Anderson
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.
Heidi was extremely helpful during our relocation and home purchace. She has a detailed knowledege of the area and was very patient with our wide area search for our house She volunteered to tour homes, taking picures and videos of homes while we were out of the state. She helped us with an unfortunately tedious negotiation and was with us step by step thru every aspect of the home buying process. We were very fortunate to have Heidi as our realtor. matthew crysler