Posted on October 3, 2018 - 04:31 PM
by Brandon Williams
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.
"Selling undeveloped land in Tennessee is a challenge for a variety of reasons. After several attempts to sell my Smoky Mountain area acreage through several real estate agencies and agents, I selected Brandon Williams. Brandon worked diligently, researching boundary limits, past surveys and perk matters. He worked closely with the buyers' agents and sold the property expeditiously!"ROLF D.