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Article #54: 5 Things You Should Know Before Buying A New House

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Are you thinking of buying a new home? It's always better to be prepared.
Most people buy a home with the help of a 4. A new house does not save a
mortgage loan. marriage.
Would you qualify? Are you making the This is a common mistake. Do not buy a
right choice? Here are 5 things you house, if your marriage is on rocky
should know: ground, hoping that it willhelp you solve
1. Be Free from Debt. your problems. It might help, it might
Do not make big purchases on credit not. The added financial load may just
unless you are paying by cash. create amore stressful environment.
This includes furniture, cars, 5. Seek professional advice if in
electronics, restaurants, jewelry, lavish doubt.
weddings and parties etc If in doubt, ask questions. Seek the help
2. Do not "Job-hop" of real estate professionals or financial
Do not change your present job just advisers. These peoplehave the experience
before applying for a loan, unless it is and skills to help you make the right
for a higher paying job. decisions.
Job-hopping is out. It suggests a lack of John Christos is the owner of two
stability. successful seized real estate and used
3. Keep proper financial records car for sale websites.
Document all financial transactions. Keep Visit his sites now at and
your receipts, canceled check reports, John Christos is the owner of two
donation slips etc. successful seized real estate and used
You loan office might want to see them. car for sale websites.






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