Following these, can help to make your home buying process a smooth one. So if you’re planning on house shopping this weekend, take the time to read these:
- Thou shall not view even one home without being pre-qualified for a mortgage.(CALL ME)
- Thou shall not buy the first home that you view.
- Thou shall not fall in love with the décor.
- Thou shall read and understand the terms of the entire purchase contract.
- Thou shall not be your own home inspector (unless you are one in real life).
- Thou shall not quibble with the seller over minor repairs.
- Thou shall not be your own lawyer (unless you are one in real life).
- Thou shall not spend the money you have saved for your down payment.
- Thou shall not spend the money you have saved for your closing costs.
- Thou shall show up at closing with a certified check & homeowner’s insurance policy.
- Thou shall not send pictures of your pay stub from your iPhone.
- Thou shall not take a credit card advance for your down payment or closing costs.
- Thou shall not keep your down payment money in the freezer or under a mattress.
- Thou shall not take 3 weeks to submit additional documentation requested by the underwriter.
- Thou shall not expect the home to appraise higher than other homes in the neighborhood.
- Thou shall not send 5 pages of bank statements when the statement says there are 6 pages.
- Thou shall not cross out account numbers on your bank statement.
- Thou shall not cross out social security numbers on tax returns, W-2’s or paycheck stubs.
- Thou shall not complain about interest rates being lower on TV if your credit score is below 700.
- Thou shall not have NSF fees on your bank statements.
- Thou shall not open any new credit accounts.
Once again, if you, your family, or your friends are in the market for a new home, please call me and let’s get the pre-qualification process started and in hand before the house shopping begins!
