Real estate blog entries tagged with escrow by HomeBuyer Experts

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Home : Blogs : Chris Whitehead : Chris Whitehead's Blog : Tag "escrow"

escrow: 25 Biggest Mistakes - Mistake #7 - Spending money while in escrow. - 03/01/09 05:12 PM

Don’t spend money on any “Big Purchases,” (over a couple of hundred dollars), while you are trying to buy a home!!
This is a big no-no!
The reason for this is that if you are getting a loan, at the last minute before the lender funds your loan they may 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! Even if you are paying cash … (1 comments)

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Chris Whitehead

Bath, OH

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