Posted on March 8, 2019 - 05:00 AM
by Phil Conzelman
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.
I've been in the Real Estate investment business for the past 15 years. In 2009, I did my first Real Estate transaction with Phil Conzelman as my agent. Since that time I have completed many more transactions with Phil. My business keeps me very busy. I need an agent that I can count on to handle all my transactions, both, buying and selling .Phil is that agent. He is trust worthy, honest, dependable and very professional.Before I partnered with Phil, I had to be involved in every step of each transaction. Now, I come in to sign the final papers. I trust Phil to handle all the details. I'm a professional investor and I only deal with the best professionals.gspvending
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-03-21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.