5 Shams and Scams You Should Be Leery of as a Homebuyer or Seller
At this point everyone knows not to fall for the email from a Nigerian prince promising to share his fortune with you if you just
The Ten Commandments Of Buying A Home (Infographic)
Are you jazzed about your upcoming home purchase? Good. But slow down, Turbo! There are a few things you need to know. More specifically, ten things. They’re called “The Ten Commandments of Buying a Home.”
Read them. Absorb them. Emblazon them to memory, because one tiny mis-step can make your dream of homeownership come crashing down like a sandcastle at high tide.
(See below for text transcription)
The Ten Commandments of Buying a Home
- Thou shalt not change jobs, become self-employed or quit your job.
- Thou shalt not buy a car, truck or van (or you may be living in it!).
- Thou shalt not use credit cards excessively or let current accounts fall behind.
- Thou shalt not spend money you have set aside for closing.
- Thou shalt not omit debts or liabilities from your loan application.
- Thou shalt not buy furniture on credit.
- Thou shalt not originate any inquiries into your credit.
- Thou shalt not make large deposits without checking with your loan officer.
- Thou shalt not change bank accounts.
- Thou shalt not co-sign a loan for anyone.
Members: Sign in here to share this article with your branding. Sign in here.
Not a member? Seriously? Learn how you can share articles like this one with your branding. Learn more.
