7 things to avoid doing before closing on your new home

Dated: October 4 2021

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You’ve found your dream home, your offer is accepted and your closing date is 20 days away. We know your mind is on furnishing your house and buying supplies. And you’re probably a little overwhelmed with all that goes into moving. Don’t jeopardize your chance at a successful closing by making one of these errors.

Here’s what NOT to do before closing on your new home:

1. Change jobs

2. Increase debts

3. Apply for new credit

4. Move money without a paper trail

5 Skip a payment or make a late payment for a bill

6. Spend your savings

7. Buy big-ticket items

Lenders will continue to check your credit, income, and job stability up to just before closing to see if anything has changed that may impact your qualifying.

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Luis Gomez

LG Realty Group Inc is a full-service, luxury real estate brokerage and lifestyle company in Miami, Florida representing clients worldwide in a broad spectrum of classes, including single-family resid....

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