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You found the house. You made the offer. They said yes. You're sitting there feeling like you won something. You're excited and then you go buy a car because you're celebrating and you didn't know that was going to torpedo your loan approval.
This happens more than it should. Going under contract is not the finish line. It's the starting line for a whole new set of things that can go wrong if you're not careful. Michael walks through exactly what not to do between contract and closing day. No opening new credit, no making big purchases, no changing jobs, no missing deadlines, and certainly no moving money around. He explains why each one of those can unravel everything you've worked toward.
Consider this your survival guide for the most dangerous stretch of the home buying process. Subscribe to Home Buying Made Easy so you don't learn any of this the hard way.
By Michael DendyYou found the house. You made the offer. They said yes. You're sitting there feeling like you won something. You're excited and then you go buy a car because you're celebrating and you didn't know that was going to torpedo your loan approval.
This happens more than it should. Going under contract is not the finish line. It's the starting line for a whole new set of things that can go wrong if you're not careful. Michael walks through exactly what not to do between contract and closing day. No opening new credit, no making big purchases, no changing jobs, no missing deadlines, and certainly no moving money around. He explains why each one of those can unravel everything you've worked toward.
Consider this your survival guide for the most dangerous stretch of the home buying process. Subscribe to Home Buying Made Easy so you don't learn any of this the hard way.