These 2 truths cost buyers 👇🏡💸 1️⃣ Just because you’re pre-approved for a certain amount doesn’t mean you should spend it. Lenders don’t consider your lifestyle, just your income and debts. Think about your comfort zone, not just your max. A lower purchase price can leave room for things like savings, travel, emergencies, and home maintenance. 2️⃣ Even with a fixed-rate loan, your mortgage payment can increase over time due to rising property taxes and insurance. These are held in escrow and
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These 2 truths cost buyers 👇🏡💸 1️⃣ Just because you’re pre-approved for a certain amount doesn’t mean you should spend it. Lenders don’t consider your lifestyle, just your income and debts. Think about your comfort zone, not just your max. A lower purchase price can leave room for things like savings, travel, emergencies, and home maintenance. 2️⃣ Even with a fixed-rate loan, your mortgage payment can increase over time due to rising property taxes and insurance. These are held in escrow and
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A school bus with 14 children aboard was caught on home security camera crashing into a parked van in Odessa, Texas. The driver was taken to the hospital with non-life-threatening injuries and was cited for failure to control speed. The Ector County Independent School District said there were no serious injuries to the students, anyone else on the street, or the bus driver. If cleared to return to work, the driver would undergo additional training and recertification.
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