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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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Debra Riley
Beaver Creek Realty
Rimrock, AZ 86335
Phone: (928) 567-7448
deb@beavercreekrealty.com
Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.
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Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity(sm) Program. Real estate listings held by brokerage firms other than Beaver Creek Realty are marked with the BR logo and detailed information about them includes the name of the listing brokers. Only residential real estate listings are shown from the IDX database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any other purpose than to identify prospective properties consumers may be interested in purchasing.
Information last updated on 2024-03-28 17:30:03.