Don’t when buying a home! So you are in the process of buying a home. You’re pre-approved. Then you are ready to close on the deal and the bank denies your loan. Why? Many new homeowners get excited while in the process and decide to make big purchases. Before you buy that new car or new furniture, reconsider. If you buy anything during the process of buying the home you can drastically change your debt to income ratio. Today you may have quailified for the home and tomorrow you buy a house full of furniture on credt. By doing this you’ve just changed your purchase power. So, again, wait before going on a buying spree.
Don’t when buying a home
Tags:
homeownership
Posted by
Carrie Little
CarMarc Realty Group was founded in 2017. Carrie, managing broker/owner has been in the business since 2001 working for one of the largest real estate firms in Chicagoland. With her background in technology her goal is to work with agents that love technology, love helping families and individuals find a place to call home. The old idea of listing and buying homes has changed. We seek to work with new technologies to make each transaction seamless and a non-stressful experience. We want to empower you to get involved in the transaction.