Posted on January 17, 2019 - 11:29 AM
by Louise Harrison
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.
The YOGA of Real Estate & Vermont LIFE Lodging near Mountain Top Inn & Killington /Pico BUYER and SELLER Consulting
We at Louise Harrison RE, have a beautiful leather album that was given with appreciation by one of our first clients. After just one year in business, this beautiful book has many letters, cards and pictures. I do not think it is appropriate to publish these wonderful comments on the internet but we are happy to fax or email you these testemonials. Louise Harrison and Staff