8 Things Not To Do When You Go Under Contract!

8 Things Not To Do Once You Go Under Contract!
Video Transcription

Hey everyone, Glen Williams with Homes By Glen. Today I want to talk to all the new home buyers out there, and give you some great information on the home buying process. Once you have found the perfect home, we need to make sure you get to move into it. Here are eight things that you don’t want to do once you go into contract on your new home.

Number one, don’t change jobs or become self employed or even quit your job. Number two, don’t buy a new car, truck, or boat, and don’t allow any additional inquiries on your credit except for insurance reasons. Number three, don’t use any charge cards or let your accounts fall behind. Number four, don’t spend any money you’ve set aside for your closing costs.

Number five, don’t buy any new furniture even if your payments are deferred until after closing. Number six, don’t make any large deposits, or take out any large withdraws without first notifying your lender. Number seven, don’t change bank accounts or move money between accounts. And lastly, number eight, don’t co-sign no a loan for anyone no matter what, and be sure to tell your lender if you’ve already co-signed for someone.

I hope this information helps you out, and if you need help buying a home here in Gainesville or the surrounding areas, please reach out to me, I would be more than happy to help you. Again, this is Glen Williams with Coldwell Banker M.M. Parrish Realtors. I hope everyone has a great day.

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