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Stormy Bulloch

Broker/Owner
MOBILE 435.590.3030
OFFICE 435.586.1221
965 S Main Street STE 10
Cedar City, UT 84720
stormyc21@gmail.com

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©2019 CENTURY 21 1st Choice Realty.  CENTURY 21® is a registered service mark owned by Century 21 Real Estate LLC.  Each office is independently owned and operated.

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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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©2019 CENTURY 21 1st Choice Realty.  CENTURY 21® is a registered service mark owned by Century 21 Real Estate LLC.  Each office is independently owned and operated.

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