So, your offer got accepted? Congratulations! 🎉 But let’s take a deep breath because, in the intricate dance of home buying, that’s just your opening move. We’ve seen countless starry-eyed buyers lose their dream homes because they stumbled during this crucial stage. To ensure your dream home doesn’t slip through your fingers, here’s a vital guide on what NOT to do after you’ve sealed the deal.
1. Keep Your Job Steady
Thinking about a career switch or taking the plunge into self-employment? Now’s not the time. Stability is key, so hold off on any significant job changes.
2. That Shiny New Car Can Wait
And if you’re not careful, you might end up using it as your home! Postpone any vehicle purchases until after you’ve securely moved into your new abode.
3. Guard Your Credit With Your Life
Avoid making large purchases on your credit cards, and for heaven’s sake, keep those bills paid on time!
4. Hands Off the Closing Costs
Set money aside for closing? Great! Now, pretend it doesn’t exist. Seriously, don’t touch it.
5. Full Transparency on Your Loan Application
Remember, honesty is the best policy. Ensure you disclose all debts and liabilities. It’ll save you headaches down the road.
6. Resist Furniture Shopping Sprees
Found the perfect couch? If its payment’s deferred until after closing, it’s a trap. Wait until the keys are in your hand.
7. Limit Those Credit Inquiries
Only necessary inquiries, folks! Think along the lines of insurance purposes and nothing more.
8. Consult Before Making Financial Moves
Thinking of making a large deposit or securing another loan? Consult with your lender or agent first. They’re there to help!
9. Banking Consistency is Key
Switching bank accounts mid-process can muddle things up. Best to keep everything as is until after closing.
10. Co-signing? Just Don’t
Whether it’s a car or a house, co-signing is a no-go. If you’ve already done so, let your lender know. It’s essential for your approval process.
Wrap Up Following these ten commandments will ensure a seamless transition from offer acceptance to home sweet home. And hey, if you ever need more guidance or have questions, give us a shout. We’re here to help you elevate your lifestyle and secure that dream home.🏡💼🔑