Posted on August 31, 2018 - 12:40 PM
by michelle jogopulos
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.
Michelle is making this whole process easy for us. I would highly recommend Michelle for her expertise and can do attitude. We are looking for several investment properties. Michelle listened to our concerns and what we are looking for and what areas and price points. She knows the market, the area and is keeping on point with the properties we are looking to purchase. She has become a valued business partner that cares about our future investments. It's not just a home but our future retirement.mjezell3
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Information last updated on 2019-05-19 05:09:54.