Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

It is not unusual for first-time buyers to be free of debt. They have been saving for their first home for many months or even years. But after they move into their new home, the new homeowners are often deluged with pre-approved credit card applications from banks and stores offering credit lines. Before they realize what is happening, they can be overwhelmed with debt.

The consumer credit agencies know that mortgage companies do thorough checks before approving a loan, and those who have passed through that process are considered good credit risks. They also know that new homeowners often need to make major purchases of furniture and appliances at a time when they have depleted most of their savings accounts. After years of disciplined savings, new owners may be faced with a tremendous temptation to just say "charge it" for the things they need.

If you have just purchased a home, be aware--and wary--when those credit card applications start pouring in!

	See All Tips In The "First Time Buyers" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Eric Lowry
Keller Williams Realty Associate Partners
7395 Kingsgate Way
West Chester, Ohio 45069
Phone #: 513-874-1830
Fax #: 513-842-8684
Email: Eric@LowryTeam.com

"Providing Personal, Professional Real Estate Service" Eric is a full-time real estate professional specializing in the sale of existing and new construction homes in the Cincinnati, West Chester, Beckett Ridge and Liberty Township, Ohio areas. Eric is also very experienced in working with relocating clients searching for a home in West Chester, Mason & Liberty Township and in working with their relocation companies. In today's real estate market "Experience Counts"!