Ten Biggest Mistakes Made by Home Buyers–#8
Mistake #8 Buyers spend money while in escrow.
This is a big no-no! Don’t spend money on any “Big Purchases,” over a couple of hundred dollars, while you are trying to buy a home!!!!!! The reason for this is that if you are getting a loan, at the last minute before the lender funds your loan they can pull your credit again and if your credit score has changed because you have more debt or the ratios that you originally qualified under are different, you could lose the house! So don’t buy furniture, appliances, cars, Harley’s, clothes or anything of the sort! Wait until your loan has funded, the property is closed and you have the keys and then go shopping! But now is the perfect time to shop for a home in Vegas!