No Major Purchases!

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I know the tempation is there to buy new furniture or a car when you’ve offered and been accepted on your new home. Please, Please, Please though – don’t make any purchases on credit until AFTER you’ve taken possession. If you spend large amounts of money before then you could risk throwing your debt ratios out of whack and possibly jeopordize your financing. I strongly urge you to do your best to avoid spending until after you’ve moved in and title has cleared!

By: Kevin Appl