Posted on December 24, 2018 - 03:19 PM
by Linda Cullen
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.
25 Years Experienced in Historic and Intracoastal Properties in West Palm Beach and Lake Worth.
Dually licensed in FLORIDA and in PENNSYLVANIA. YOUR Florida / Pennsylvania connection
Trained in historic real estate through
The National Trust for Historic Preservation.
HOMES AND HISTORY WITH A PASSION.
PRIDE IN HONEST AND INNOVATIVE
REAL ESTATE CONNECTIONS
After working with a number of disappointing brokers to purchase several properties to rehab and sell, I was fortunate enough to meet up with John Alford at an open house one Sunday, and subsequently with his partner, Linda Cullen, at another. Ultimately, I purchased the house Linda showed me, and worked with this them through completion of the closing. I am now working with John to identify and purchase additional properties. As a lawyer, former real estate broker and now purchaser/seller, I am extremely impressed with John's and Linda's responsiveness, transparency and follow-up. They are truly "one-stop-shopping" in terms of their knowledge of the market and helpfulness to new buyers entering it. I recommend this team to anyone who wants to deal with really professional brokers with the work ethic and honesty I think projects the best of the profession. Deidre Oren Byrne