The Franich Team is one of The Top Selling Real Estate Experts™
Find Out More >
|
We want to help you find what you need! Check out our affiliates! Just for you, a list of affiliates that specialize in different areas of need.  
Real Estate Tips
First Time Buyers >Credit Card Traps
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!
|
Real Estate Trivia
| Q |
What is the average age of a first-time homebuyer in the United States today?
|
| A |
The average age of a first-time U.S. home buyer is 32 years. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT 
