The Ten Commandments Of Buying A Home

Dated: 11/14/2016

Views: 281

Are you jazzed about your upcoming home purchase? Good. But slow down, Turbo! There are a few things you need to know. More specifically, ten things. They’re called “The Ten Commandments of Buying a Home.”

Read them. Absorb them. Emblazon them to memory, because one tiny misstep can make your dream of home ownership come crashing down like a sandcastle at high tide.

(See below for text transcription)

10 commandments of buying a home

The Ten Commandments of Buying a Home

  1. Thou shalt not change jobs, become self-employed or quit your job.

  2. Thou shalt not buy a car, truck or van (or you may be living in it!).

  3. Thou shalt not use credit cards excessively or let current accounts fall behind.

  4. Thou shalt not spend money you have set aside for closing.

  5. Thou shalt not omit debts or liabilities from your loan application.

  6. Thou shalt not buy furniture on credit.

  7. Thou shalt not originate any inquiries into your credit.

  8. Thou shalt not make large deposits without checking with your loan officer.

  9. Thou shalt not change bank accounts.

  10. Thou shalt not co-sign a loan for anyone.

Latest Blog Posts

Hey KC! Sell Your Home Free

I offer every home seller my PaulSellsHomesForFree* program. It works like this: I promise to sell your current home, for no fee, if you’ll let me be the agent on your next home purchase.

Read More

List Your Home For A $2495 Flat Fee

Real estate is evolving and technology has changed the industry in ways most agents never dreamed was possible.  Unfortunately many real estate agents have yet to fully adapt.  Our

Read More

Mortgage Interest Rates Have Begun to Level Off

Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading.Over the course of

Read More

Mortgage Rates on FIRE! Home Prices Up in Smoke?

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.What impact will rising rates

Read More