Posted on July 31, 2018 - 03:40 PM
by mark thoburn
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.
I have bought three (3) homes from Mark Thoburn and have worked with him as my only realtor since 2003. If I was just reviewing Mark on my home purchases, I would give him a full five stars, but that isn't the only aspect of me and my wife's relationship with Mark. First of all Mark is a great human being who is more interested in making sure you are achieving your life goals than simply making a commission. He always answers his phone, and in the rare case it goes to voicemail, he returns the call same day. Mark is patient and not pushy; we lived in our second home for 14 years before we were ready to upgrade. Mark was always there for us, ready when we were. He is ever ready with helpful advice that doesn't always pertain to home selling or purchasing. His salesmanship skills are second to none; we sold our second home through Mark so that we could buy our third home, and we listened to his advice. The home sold in 48 hours, while our neighbors houses are STILL for sale. Each of our homes was a stretch for us because of many different factors. Mark got this, and also got the fact that not everyone has a perfect home buying financial profile. Last but not least is Mark's wife Theresa who does all of the purchase paperwork and helps Mark put the deals together. 100% correct documentation that is delivered fast. What more could you ask for. Mark Thoburn is not only an excellent realtor, he is now a lifelong friend and I would never, ever buy or sell anything without him. Would give him 10 stars if I could.
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-20. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.