What to do or not to do when buying a home

When venturing into the real estate market to purchase a home, there are several critical considerations to keep in mind. The journey of buying a home can be both thrilling and daunting, and it is essential to navigate it with a clear understanding of what actions to take and what pitfalls to avoid. Here are some crucial dos and don'ts for prospective buyers.

• Do continue making your mortgage or rent payments.
• Do stay current on all existing account.
• DO keep working at your current employer.
• DO keep your same insurance company.
• DO continue living at your current residence.
• DO continue to use your credit as normal.
• Do call us if you have any questions.
• DON’T make a major purchase (car, boat, jewelry, etc.)
• DON’T apply for new credit (even if you seem pre-approved)
• DON’T transfer any balance from one account to another.
• DON’T pay offs without a discussion with us first.
• DON’T pay off collection without a discussion with us first.
• DON’T buy any furniture.
• DON’T close any credit card accounts.
• DON’T charge bank accounts.
• DON’T max out or over-charge on your credit card accounts.
• DON’T consolidate your debt onto 1 or 2 credit cards.
• DON’T take out a new loan.
• DON’T star any home improvement projects.
• DON’T finance any elective medical procedure.
• DON’T Open a new cellular phone account.
• DON’T join a new fitness club.
• DON’T pay off any loans or credit card without a discussion with us.

In summary, buying a home requires careful planning and disciplined financial management. By continuing to make timely payments on existing obligations and staying current on all accounts, you lay down a solid foundation for obtaining favorable mortgage terms. Staying informed about real estate trends will also aid in making well-informed decisions throughout the process. Avoid making significant financial changes before closing and always conduct thorough research on property values. Following these guidelines will help ensure that your journey towards homeownership is as smooth and successful as possible.