What Not To Do While Waiting To Close On Your Home Purchase

By
Real Estate Agent with SELL YOUR HOME -Smartway America Realty

 

 

What Not To Do While Waiting To Close On Your Home Purchase

 

Please know that your credit will be pulled for the prequalification and will be pulled again prior to closing to make sure everything is still “THE SAME”.  

     

  1. Do not pay off any bills because the same credit lines that got you the prequalification letter will need to be there when you close. (you can pay off your bills when you get your keys).
  2. Don’t make any major purchases i.e. cars, fur coats, diamond rings etc.
  3. Do not put large amounts of cash that cannot be substantiated.  For example
  4. Dont take money from your mattress and deposit in your account.  Leave it under your mattress or give it to the person you will rely on to give it to you as a gift.  All funds will need to have a paper trail. 
  5. All gifts will need to be given to you in check form from the person that isgiving it to you.  Once the check has cleared you will need copies of the front and back of the check to prove it was a gift from that person.
Play it safe..consult with your realtor on any financial move you intend to make bofore your make it if you are currently under contract.

CONGRATULATIONS ON YOUR CLOSING!

 

 

 

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
Pennsylvania Monroe County Stroudsburg
Tags:
closing on a property
home purchase
first time home buyer

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the leaf to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
7,914

Charlotte Ashworth

Smartway Amer Realty, DIRECT, 570 656 7982
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the leaf to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: