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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.
We just want to say "Thank You" to Molly and all the staff at Signature Real Estate Services in Delta for being so helpful. The sale process was not that easy because I live in Nevada and the other two live in Maryland. We were very impressed with how smoothly the sale of our land went. Everyone involved was so helpful and very professional!! You were able to put the land on the market and sell it without ever seeing us in person! Very impressive.
Signature Real Estate Services kept us updated with monthly emails letting us know how many times people viewed the property and when anyone was interested.
We are so pleased that the people who purchased the property plan to build a home on it in the next couple of years. The land had been in our family for over seventy years and now someone will make it their home.
We cannot express how much we appreciate all that you did for us.Darlene Stewart