With a never ending list of everything you ‘should do’ when purchasing a home, it seems counterproductive to focus on what you should not do. But being aware of the dont’s is just as important as the do’s, when it comes to making the biggest financial investment of your life.
And knowing what not to do, just might land you better financing and the home of your dreams.
It may seem obvious to not do certain things like switching your job or co-signing a loan, but did you ever think that depositing cash or financing a new piece of furniture could affect your ability to get a mortgage?
As big as your ‘to do’ list is when purchasing a property, make sure you also have your ‘not to do’ list in close reach.
Read on to make sure you are avoiding these common mistakes and what to be aware of before you make your first offer on a property.