Credit Do's & Don'ts !!

Once you've found that special house and you've gotten a final written contract on it, there's still alot to do before the closing.  Emotions run high, excitement levels are running very high, and you're so excited about making your soon-to-be new house all yours.  The tempation to run out and buy new furniture, appliances, etc. is so strong........but DON'T!!!!

Don't do anything to jeopardize your credit report!  And that means don't buy ANYTHING until AFTER the closing!  Many buyers don't realize that not only do lenders pull your credit report in the beginning when they start your loan process, but they also pull another one just days before the closing to verify that nothing has changed substantially.  They look for big purchases on credit, new loans taken out, big influxes of cash into your accounts, etc.  Keep everything normal, as in don't do anything during the loan process that you wouldn't ordinarily have done before you started the loan process.

Here's a list of the Top 10 Do's and Don'ts that I prepare and give all my buyer clients.  I do this to help make sure everything goes as smoothly as possible and to ensure we don't encounter any surprises at the end. 

Ann Cummings