Why You Should Not Make Any Major Credit Purchases
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.
Jim is a wonderful realtor for your commercial or residential real estate sale or purchase - he was both a buying agent and a selling agent for us on several occasions and we could not have made a better choice. His knowledge of the local market and experience are second to none!
Jim is a very straight-forward, knowledgeable, and successful realtor who I would not hesitate a second to call on again if needed. Thanks to Jim, we priced our house $15,000 higher than another realtor suggested we list it at, and we got our asking price. Jim helped us through the entire process and helped to make it a lot less stressful experience. I also know Jim to be a very dedicated and involved family man and solid individual.