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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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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Jan Jacques
GRI, CRS, ABR, e-PRO
3003 E Chestnut Expwy #950
Springfield, MO 65802
Phone: 417-840-2715
Email: jan@thejacquesco.com
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Michael Jacques
 
CRS, GRI, ABR, AHWD, PSA, SRES
2018 GSBOR President
2016 GSBOR Realtor of the Year
Broker-Salesperson
The Jacques Company
3003 E. Chestnut Exp., Ste. 950
Springfield, MO  65802
(417) 832-1111 x.6
(417) 987-8477 direct
Email: michael@thejacquesco.com
Licensed in Missouri

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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