So, you think you’re ready to buy a home! You have a steady job, you have a good amount saved for a down payment, and your credit score is good. You might even be ready to apply for mortgage pre-approval or to start looking for a Realtor. However, even if you’re very prepared, there are still some dire mistakes that may sink your prospects. If you want to be sure to be approved for a mortgage, check out this post by Sarah D’Hondt at the Lighter Side of Real Estate Blog for things to avoid:
-Not STAYING pre-approved- do not open any new lines of credit, make any late payments, or use a credit card.
-Dilly-Dallying- if you see a house you love, make an offer!
-Too low an offer
-Asking too much from the seller and nit-picking the inspection report.
Photo Credit: Frank Hebbert