You've found your home! You're excited, overwhelmed, anxious and more!  Sometimes common sense has left the room!  But hold tight to a few key rules - or that home you loved might slip away by accident.

When you apply for your loan, the bank takes a picture of your finances.  They don't want those to change before closing, because that's what they're loaning based on.  So with that in mind, here's a few key No-No's or What Not to Do Before Closing!

• Do NOT change jobs - if you are considering it, talk to your lender FIRST and try to stay in the same line of work, where it might possibly, could, maybe be okay.  Switching careers right now could destroy your chances of your home!  Do this before or after, but not during!

• Do NOT make any large credit purchases - In fact, try not to use your credit at all right now.  But most definitely do NOT buy a vehicle, get another loan, etc.

  

                       FACT: This is a true story.  One lady wanted to doll up for her closing, bought thousands in BLing Bling and then could not qualify for her home.  The most frequent offense is the car purchase.  Please delay this until after closing, rent a car for a month if yours is busted, but delay this purchase!

• What you present to the bank as your liquid assets (savings, money market, etc) needs to still be there at closing.  They will check to see.  This is no time to loan your brother some bucks.

                       FACT: I have a couple who may lose a home due to using large portions of their reserves to purchase furniture for their new home, before closing. 

I promise we're not trying to be mean!  We're really looking out for you!  What good is all that furniture going to be if you don't get the house because of it.  I'm not asking you to put your life on hold forever, just long enough to get through escrow and make the home yours!