10 THINGS NOT TO DO WHEN FINANCING A HOME

10 THINGS NOT TO DO WHEN FINANCING A HOME

10 THINGS NOT TO DO WHEN FINANCING A HOME• Do Not: transfer money between accounts, unless you are receiving complete documentation from your bank
• Do Not: M.ke unnecessary checking or savings account transactions, such as withdrawals or deposits
• Do Not: leave an existing job
• Do Not: allow your bank accounts to go into a negative balance, even if you have overdraft protection
• Do Not: Co-sign any debt with anyone
• Do Not: ask a tenant to move out, or give you landlord notice that you are moving out
• Do Not: Delay paying all debts on time
• Do Not: Pay a bill in collections. If about to pay a bill in collections from a collection agency, try to pay it at closing.
• Do Not: Apply for credit in any form, including credit for major purchases or apply for credit to consolidate or change existing credit
• Do Not: have a friend or family member pay for anything related to the purchase of the home. Gifts are allowed only under certain guidelines.
Courtesy Peggy Fowler 


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Phone: 941-544-7270
Dated: July 8th 2014
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About Kathy: I enjoy walking the warm sandy beaches, swimming and watching the magnificent sunsets on Florida’s...

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