Posted on January 9, 2019 - 07:13 AM
by Kathy Hammer
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.
Kathy is the perfect example of who you dream of finding to sell your aging parents' home. She is extremely knowledgeable of current real estate trends.
She showed such understanding to my mother when she was facing having to sell my parents' home of 50 years by herself.
She was quick to respond to any requests we made, even when she was out of the state!!!
When my father passed away the same week my parents were moving out of their home, Kathy was quick to off her condolences and reschedule our appointment with her to a suitable day after the funeral.
When it went on the market, she kept both me and my mother completely informed of any changes. The best part was that she told us the home would sell in a reasonable amount of time; and our 100+ year old home sold within a month of listing, far sooner than our family could have ever dreamed.
At the closing, we had the most enjoyable time with Kathy, the title company and the new owner. But the best part was the amazement my mother had at holding a check for exactly what Kathy had told my mother to potentially expect from the sale of the home at our first meeting with her.
Kathy helped make the sale of our home after the loss of my father so stress-free for our family, that we would highly recommend her to anyone needing to sell their real estate, as she is honest, reliable, and sensitive to any needs or concerns a potential seller may have. Thanks for everything, Kathy!!!Less Colleen