All Home Buyers Need to Read This!
Posted February 28, 2008
Special Contribution Article by Sara D’Amico
I read an article in Saturday’s Charlotte Observer that should be a mandatory read for all buyers, at least first-time home buyers. It was titled Spending Spree Before Closing Could Bag Deal.
Ilyce Glink explained the importance of buyers not going on a spending spree prior to closing. Yes, it sounds self explanatory enough, but we know that it can be tempting to go out and buy “just a few things” for that new home. For buyers that are skating on thin ice, those purchases can cost them their house.
If you are under contract to purchase a home, STOP, and read this article, before you make any considerable purchases.
If you are a Realtor, I suggest sharing this article with your buyers. It could save a lot of heartache.
Sara D’Amico
This article was written by a local real estate agent and is included to provide you with more information and opinion about the local Charlotte real estate market. The views and opinions expressed in this article are not necessarily those of The Ed Nailor Mortgage Team.This website provides information on FHA and VA loans, in addition to the hundreds of other conventional and jumbo mortgage loans available. As a mortgage loan officer, Ed has proudly served home owners and home buyers in the Charlotte area (including Concord, Gastonia, Matthews, Monroe, Huntersville and Ft. Mill as well as all of North and South Carolina.)
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