If You Are Thinking of Buying a Los Angeles Home, Rein in your Holiday Spending As a mortgage lender, I cannot applaud the message in this blog by Jane Peters (Los Angeles Real Estate)loudly enough or counsel you to heed it any more urgently ... whether buying in Jane's area of expertise, Los Angeles ... or or in mine, the Chicagoland area. Especially heading into the holiday season,
the temptation to buy or open up new credit can be great. For those
buying a home, contemplating doing so, or those just recently closed
on their loan ... adding to your debt, opening new lines of credit, or
even simple credit inquiries can prove catastrophic and lethal to your
transaction. Heed the advice that Jane Peters offers within her post.
Listen to your mortgage lender too. Put your purchases and new credit
applications on the back burner and out of your mind until you have
achieved the goal you are seeking ... that being your new home at the
best purchase price and interest rate possible. Working with professionals that will
advise you prior to, throughout, and after your home buying transaction
is vitally important. In Los Angeles, that professional is Jane Peters, Los Angeles Real Estate ... Gene You are excited about buying a Los Angeles home and have been very good about keep your credit immaculate. However the holiday season looms putting your hard work in jeopardy. Your
shopping list sits in front of you beckoning. You are probably not
going to pay cash for all those gifts, or write a check.  You may open
store credit, apply for a new credit card, or simply jack up your
balance on your existing credit card. Too many enquiries on your credit
in a short period of time is going to cause your credit score to drop.
Simple opening a new line of credit can cause your score to drop by 52
points and raising your credit card debt can also decrease your score by
around 68. This drop in score can cause a potential homebuyer to miss out on getting the best mortgage rate. If you are thinking of buying a Los Angeles home, The Mortgage Reports advises
caution, especially during the holiday season. Don't open any new
lines of credit, finance any expensive purchases, increase your credit
limit, or make any other rash financial moves. Buying or Selling Los Angeles Real Estate: Buying or selling a Los Angeles home can
be a daunting process in a city this size, especially if you're new to
L.A. Town. You'll need a resident expert to show you around and help you
narrow down the areas where you might like to live. I will help you
find the perfect home in the right area to fit your lifestyle, budget
and needs! When I list and sell Los Angeles homes for
my clients I strive to make the experience a pleasant one. My mission
is to provide outstanding service while utilizing the best practices and
systems available. If
you are an absentee owner, you'll need someone to handle all the
details that you can't handle remotely. That's where I come in - I'm
there when you can't be. I also specialize in lease property in Los Angeles.  Jane Peters, connecting you to the L.A. real estate scene. Buying or selling real estate in Los Angeles can be an overwhelming process. Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience. |
