Ten Things Not To Do when purchasing a home

1. Do not buy any large purchases on credit; cars, appliances, TV’s, etc.
2. Do not open any new credit cards, don’t even apply – it will show up.
3. Do not suddenly pay off debts and collections or close accounts.
4. Do not pay down any credit cards, cars etc. – talk with your lender first.
5. Do not change jobs – unless in same industry or line of work
6. Do not pack these away, keep them available; W-2 forms, tax returns, bank statements, pay stubs, etc.
7. Do not choose a mortgage based just on interest rate.
8. Do not allow emotions to take over
9. Do not give money to anyone but Escrow (your realtor will turn your earnest fund check into escrow).
10. Do not panic – Every purchase will have it’s own issues – from small to large – your realtor will be there to work through them.