Posted on September 11, 2018 - 09:15 AM
by Perry Rogers
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.
“I have purchased approximately 12 different homes throughout my GE career as I have moved from city to city. Without question, Perry would be the agent that I would rate number one in all of those dealings. He is a true expert. His primary concern was for my wife and I, finding the right home, and constructing the proper offer. His attention to detail, knowledge of the community, and links to the market environment made us feel totally comfortable in the transaction. I have recommended him to personal friends and associates. It is also worth noting that his name was given to me by a financial institution in the area, that said…”Perry is the person you want to call. Not only do we have a very positive view, but we continuously hear wonderful comments from those that have worked with him.”Marc Chini, Human Resources at Synchrony Financial
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