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.
Belinda is honest and reliable. She not only works for you, she works with you. She has been my realtor for over 18 years. Her knowledge of the islands, people, real estate and managing property is unsurpassed. She is at her best after the sale too. She manages three of my properties and I have no worries, especially when off island. I have referred her to numerous family, friends and folks new to the islands looking for a home with positive results. Belinda will find the right home for you.Nani K.