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.
We enjoyed working with the energetic Linda Driggs. She is highly professional and does a beautiful picture portfolio of your house. She outlines what will be done and in what time-frame. She responds in a timely fashion and keeps one apprised of showings with feedback. From the time we signed our contract and closed, we were kept informed of everything that needed to be completed. I highly recommend Linda and her assistant Chantelle if you plan to list your house.Ellen C.