You’re buying your dream home. Your offer has been accepted, and you’re counting the days until the deal closes. I know it’s tempting to think everything is smooth sailing from here on out, but there are a few hurdles left before that dream home is really yours. Here are five common mistakes to avoid:
 

Changing jobs
Lenders like a consistent job history. It’s best to stay put until the house is yours.

Making a major purchase
An increase in your debt-to-income ratio reduces the amount of monthly income available for your mortgage payment. If you make a big purchase like a new car, the bank might decide you can't afford your home.

Forgetting hazard insurance
Before closing, your lender will want proof you have coverage for the new home. Get it as early as possible so closing isn't delayed.

Getting emotional
It is common to get cold feet, especially during and after the home inspection, but be realistic. No home is perfect, especially older homes. New owners may need to make some repairs themselves.

Being too independent

Your real estate agent is here to help. It’s an agent’s job to track many of the day-to-day details. Make sure you’re in regular communication with yours.

Buying a home can be overwhelming. I’d like to be of assistance. If you have any questions, please call me or e-mail. I’m here to help with all of your real estate needs.

James Paradise, Broker-Realtor: 509-525-1828 or paradise@bmi.net

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