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Rita A. Craig
CalBRE #00998767
Broker Associate
Windermere Real Estate

Palm Desert/Palm Springs, Ca.
Mobile: 760.861.3939
Fax: 877.677.3712
RitaTheRealtor@Verizon.net

 

Thank you for visiting "Rita The Realtor". If this is your first visit to my website, please take your time and look around. I have plenty of real time data available to you. I would love to hear from you and show you any particular properties which may have piqued your interest!

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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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