AVOID These 5 Things When Buying a Home
I’m going to tell you the biggest mistake made by homebuyers as they hunt for their dream home. Skipping the crucial step that is the Pre-Approval. Hey I’m Tim, and before we go further if you end up getting value from this video be sure to drop a like, and subscribe to see more content! Let’s talk Pre-Approval, it’s not just a step - it’s your home buying armor. Not only does being pre-approved bring clarity to your home buying budget, it also shows sellers how serious you are about purchasing a home. When a seller knows you’re qualified to purchase the home, you’re in a better position to be the winning offer. Now there’s a small catch, getting that golden pre-approval requires a little background on your financials. Including your income, employment information, your credit history, and more. Your trusted lender will verify all these financial pillars and will check your credit report. I know it sounds like a lot of documentation, however the right professionals will make the process easy for you. There are some things you want to avoid after you apply for a mortgage, so listen up! -Don’t change bank accounts -Don’t co-sign other loans for anyone! -Don’t deposit cash into your bank accounts before speaking with your lender! -Don’t apply for new credit or close any accounts! -And ofcourse, DON’T make any large purchases! That’s a lot of don'ts, what you should do is contact me so we can talk about your home buying journey. All my information is below, and I look forward to working with you.