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.
One Stop Realty, LLC
131 Indian Lake Road, Suite 101
Hendersonville, TN 37075
Terry has helped us sell two houses! He is absolutely the most professional agent that we have ever worked with. With the attention that he gives your house, you would think that it is the only one he is selling. My best advice for you is that if you list with Terry, you had better pack your bags!Marshall Culpepper
Terry is a true professional. He is extremely knowledgeable and takes great responsibility protecting his client's best interest. Terry was extremely patient and very responsive during the sales process.Damon Estep