Don't 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 your 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 considering not making
any large purchases until after closing. The last thing you want is to know that you
could have purchase a new home had you curbed the urge to spend.
Still have questions? Contact me today for a free
consultation!
Colin O’Neal
Buyer’s Agent
200 N. Rufe Snow Drive, Ste.102
Keller, TX 76248
(817) 898-0145 Office
(817) 898-1771 Fax
colin@househuntersdfw.com
Get an insider's look at the
real estate market.
Subscribe to our Buyer's
Market newsletter!
Low-interest, no-hassle financing.
Click here to get qualified in minutes!
© 2003 HouseHunters. None of the text or images on this page may be reproduced without the express written consent of HouseHunters. All rights reserved.
All other products or services mentioned herein are trademarks of their respective companies. Please read our privacy policy.
We Represent You, The Buyer
Serving Dallas/Fort Worth
Contact
Home