Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! 

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!

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The David Burns Real Estate Group
Keller Williams Realty
1814 East Rt 70, Suite 200
Cherry Hill, NJ 08003
Direct: 856-685-1605
Office: 856-321-1212
Fax: 856-321-1414
davidburns@NUMBER1EXPERT.com
Keller Williams: DavidBurns@KW.com

Your Local Cherry Hill NJ Real Estate, Voorhees NJ Real Estate and Haddonfield NJ Real Estate specialist