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Real Estate Tips
First Time Buyers >Credit Card Common Sense

If you are buying a home for the first time, you need to establish a reasonably good financial foundation before a lender will approve you for a mortgage loan. Lenders look for a good credit rating, sufficient funds to make the initial down payment and pay the closing costs, and a stable employment situation.

People who have just qualified for a mortgage loan are usually in better-than-average financial shape. If you have recently purchased a new house, don't be surprised if you receive numerous offers from retail stores and other credit card companies offering you pre-approved revolving credit.

Be careful about accepting these offers! New home owners often use most of their savings in the process of financing the transaction, and they need everything from linens to furniture to get settled in the home. With all of the immediate credit available, it may be very tempting to just say "charge it." If you're not careful, you could be "up to your ears" in debt very quickly. It takes discipline to reach the goal of home ownership--and it takes that same kind of discipline to maintain financial health after you leave the closing table.

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Real Estate Trivia
Q 
What country of the world has the highest percentage of private housing?

A 
Mongolia, where 100% of all properties are owner-occupied.
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Maggie's Team, REALTOR®, real estate agent and broker for Sarasota, North Port, Port Charlotte, Punta Gorda and Charlotte County, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Maggie's Team
RE/MAX Anchor Realty

14806 Tamiami Trail North Port FL,34287
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3941 Tamiami Trail Punta Gorda FL 33950
Office:: (941) -875-4664
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email:: maggiedasilva@NUMBER1EXPERT.com

Maggie's Team Specializing in, Sarasota Luxury homes,Florida Luxury Homes,Englewood Homes,REMAX Homes,REMAX foreclosures,Punta Gorda Homes, Punta Gorda real estate, Punta Gorda Homes for Sale, Punta Gorda Foreclosures, Punta Gorda Realtors, Punta Gorda Luxury Homes,Punta Gorda Waterfront Homes,Port Charlotte Homes, Port Charlotte Homes for sale, Port Charlotte Real Estate, Port Charlotte Real Estate For sale, Port Charlotte Foreclosures, Buy Punta Gorda Homes,Buy Port Charlotte Homes now, Nort Port Homes for sale, North Port Homes, North Port Real Estate, North Port Realtors,Venice homes, Venice Real Real Estate, Englewood Homes, Venice Real Estate, Nokomis Real Estate For sale,RE/MAX Realtors, RE/MAX International Listings, FREE MLS Search,Naples Bay colony beach Front condos,Pelican Bay Naples FL Beach Front Condos for sale,Member of National Association of REALTORS RE/MAX Executive Club 2008,2009,2010 Multi-Million Dollar Producer 2008,2009,2010 2008 President's Club - Bronze Award 2009 President's Club - Silver Award Member of: I.R.E.S International Real Estate C.D.P.E. R.E.O. Certified F.S.P. Designation Sales Experience for over 15 Years. RE/MAX Anchor Realty is #1 Awarded by RE/MAX International #1 Broker Owner of the Year for North America#1 RE/MAX Office in Florida Only one real estate company can be #1. Thank you for getting us there. Member: National Association of Realtors, Florida Realtors, Punta Gorda-Port Charlotte-North Port Association of Realtors and the Mid-Florida Regional MLS


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