If you put that difference into savings, which can be used for a down payment, or use this money to pay down other secured debts like your mortgage or car loan, your
financial situation will
improve that
much sooner and your credit score is also likely to
improve that
much quicker.
Finally, real estate professionals should recognize that if checklists can
improve execution and performance in life - and - death
situations involving surgery and airline flight, and in million or billion - dollar
financial investing decisions, then they certainly can be used in the
much less urgent field of real estate.