TOP 10 THINGS TO AVOID WHILE IN Escrow on A NEW HOME!
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In this video I discuss the top 10 things you must ABSOLUTELY AVIOD doing while in escrow.
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1. Don’t change jobs, become self employed or quit your job.
2. Don’t buy a new car, van or truck or you may end up living in it.
3. Don’t use any charge cards or let your accounts fall behind.
4. Don’t spend any money you have set aside for closing.
5. Don’t omit any debt or liabilities from your loan application.
6. Don’t buy any furniture even if the payment is deferred until after closing.
7. Don’t allow any additional inquiries on your credit except for insurance purposes.
8. Don’t make any large deposits or take out any large deposits without first checking with your lender or your agent.
9. Don’t change bank accounts.
10. Don’t co-sign on a loan for anyone, no matter what and be sure to tell your lender if you already are a co-signer for anyone, that debt goes against you.
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