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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.

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Client Reviews

“Nick was awesome. He was extremely patient and forthright with the entire process. I would certainly recommend anyone looking to buy or sell a home to use Nick. He helped us through the entire short sale purchase process and helped our dream home become a reality." Evan Shear, Alaqua Lakes
We wanted to thank you for the professional way you handled the marketing and sale of our home. We could not have been happier with the service you provided to us, your professionalism, and your knowledge of the market. We would highly recommend you to anyone who may be searching for a Realtor in the area." Lance & Chrissy Sawyer, Heathrow
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