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2009 May 5th
7 don’ts when purchasing your new Atlanta home
Categories: Atlanta Real Estate News
Just went to our team meeting this morning at Keller Williams Atlanta Perimeter and one of the items discussed was how to avoid potential problems that could occur during a real estate purchase. Being approved and funded by your mortgage lender is a major component, unless purchasing with cash of course. So, here is my friendly reminder to all those under contract awaiting your closing…follow these 7 don’ts when purchasing your new Atlanta home so you’ll have a successful real estate purchase…
- Don’t change your employment status.
- Don’t make any major purchases (cars, furniture, home theatre systems, vacations, etc.)
- Don’t increase your credit card debt or miss any payments.
- Don’t change bank accounts or make undisclosed large deposits.
- Don’t apply for a credit card, cosign a loan, or make a credit inquiry.
- Don’t spend money you have set aside for closing – not any!
- Don’t delay in providing all paperwork asked for by the mortgage company.
