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Tagged : common buyer mistakes

Found 1 blog entry tagged as "common buyer mistakes".

Looking to buy a home in the near future? Listen up! These are the top five money mistakes that can jeopardize your purchase:

New Loans

Once you have secured financing, do NOT open any new lines of credit.  This means no new store credit cards, car loans, or financed purchases of any kind. If your new home needs new furniture, either use cash or wait until 30 days after closing so your debt-to-income ratio does not change.  After all, the furniture won’t do you any good if you can’t buy the house to put it in.

Missed Payments

Make all your standard monthly payments on time.  Just before closing is not the time to be forgetful about that credit card bill you’ve had since college.  Keep your credit score impeccable and unchanged in the

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