Buying a new home is exciting but there are some things you should be aware of. In this article, we will cover WHAT NOT TO DO WHEN BUYING A HOUSE! Purchasing a home can bring on a lot of emotions but one emotion can get you into hot water. It's called emotional buying! Purchase decisions are impacted by rational as well as emotional motives. Whether a decision is made based on emotional, or rational factors, is highly individual and depends on the person deciding, the product, and other circumstances.
When buying a home, there are certain things you should not do or purchase until after the close of escrow. It's not worth jeopardizing your home loan for instant gratification on a new purchase. In this short video, I speak with Ken Harlow from On Q Financial in Phoenix, Arizona. He gives you a great insight on what not to do when buying a house. If you have questions regarding home financing, you can reach out to Ken Harlow by clicking here. Below the video, I will also include a list of the most common things we see in this industry and hopefully you can learn from their mistakes.
What NOT To Do When Buying A House
Don’t Change Jobs
Don’t Miss Loan Payments
Don’t Make a Large Purchase (Car, Boat, Furniture, etc)
Do Not Allow Credit Inquiries on Your Credit After Loan Approval
Don’t Start Banking at a New Institution
Watch Those Zero-Balance Credit Cards
Don’t Use Cash Advance On Credit Cards
Be Careful Before You Consolidate Debt
Don’t Ignore Lender Requirements
Do Not Make Large Deposits or Withdrawals From Your Bank
Ian Toner has been a Real Estate Professional for the past 14 years and takes great pride in helping both buyers and sellers with their Real Estate needs, whether it is helping a family purchase a new home or sell their current house. He graduated from Arizona State University with a degree in Criminal Justice but decided right after college that he wanted to sell Real Estate full time. Ian understands this is one of the biggest decisions of your life and with that he brings professionalism along with a vast understanding of the current market here in the valley. He feels that every person and family deserves 110% at all times and makes sure he is there for them day or night. Growing up with great family values has helped hi m transition into being a great Real Estate Professional and he continues to work as hard as possible to make his clients feel comfortable and at ease with their purchase or sale. If you are looking to buy or sell, contact Ian today!