The Costly Mistake: How Buying a Car Derailed My Home PurchasePurchasing a new home is a significant milestone, often marked by excitement and meticulous planning. However, unforeseen financial decisions can sometimes derail even the most well-prepared buyers. This is exactly what happened to Jane, a first-time homebuyer who had secured a loan approval but found herself disqualified from her dream home purchase after buying a car just before closing. Here’s Jane’s story and the crucial lessons learned to help you navigate your home buying journey smoothly.Jane’s Journey to HomeownershipJane had been diligently saving for her down payment, improving her credit score, and carefully selecting a mortgage lender. After months of preparation, she found the perfect house and entered into a con...
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