Posted on June 29, 2018 - 10:43 AM
by Karl Kinkler
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.
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Karl is the best! He kept me organized and informed and handled the negotiation process superbly.Sharon Rollins
Karl made the difference.John Sepanic
Karl found us after we were fed up with our last non-responsive real estate agent. He was VERY knowledgeable of the area. I was especially impressed during the final walk-through and the closing.
I would recommend Karl. Tina
John and I are grateful that you did not give up looking for a house for us. Then when you did find one you were there through the thick and thin. You kept us informed through the thick and thin, and never let us lose heart, you were always positive. The big thing though, you made sure we were happy. Thank you for your dedication and friendship.John and Karen Murray