Posted on October 29, 2018 - 05:00 AM
by shell slagle
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.
Shell Slagle is one of the best real estate professionals that I’ve ever worked with. We chose Shell after interviewing other agents in Dandridge and he was the obvious choice to do business with. He successfully sold the property after we switched from another agency to his Slagle Realty. Shell has the experience and skill to get the job done right with the attention to details. He was always available and answered his phone and was quick to respond to text and emails. If your looking for a professional real estate agent with experience and knowledge, then end your search with Shell Slagle.Bob Mac