Posted on January 18, 2019 - 08:52 AM
by Holly Curley
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.
Holly Curley Holly Curley Choice Realty, Inc.
50 W. Ocala St.
Umatilla, FL 32784
Direct Line: 352-516-0335
Fax: 877-775-8347 Contact Me
Your Professional Lake County and Volusia County Area Realtor
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In all our dealings with Realtors over the past ten years, we have never met anyone as kind, helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced, caring Realtor who gets things done! Thanks for taking such good care of us!Bryan & Yvonne Carpenter, Eustis, Florida