Posted on October 3, 2018 - 05:51 AM
by David Stern
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.
"David Stern has been my real estate agent since 2001. Living on the east coast, I was worried about having investment properties in Las Vegas. He understands the ROI I need and doesn't waste my time with homes that don't work. He has connections with handymen, cleaners and contractors and they really know how to get a property into rental or selling condition! His company's property management division is excellent! I can unequivocally say that David Stern is my go-to agent in Las Vegas!"Lawrence Appleman
The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed.
Copyright 2019 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Information last updated on 2019-08-20.