construction, wiring, plumbing, and other elements of the building are up to code, and can be certified as being safe for occupation. Note: Don’t sign anything if it is unclear to you, different from what you agreed to, or just seems wrong. Ensure you understand exactly what you are signing and how your payments will be distributed over time. Charges change differently over time, depending on the mortgage type, and may also depend on your insurance or taxes.
THINGS THAT CAN DISRUPT YOUR DEAL
Until the closing statement is signed by both you and the seller, nothing is certain. Here’s a list of common areas that buyers don’t think about, but that can lead a lender to move from a “yes” to a “no,” even if they seem insignificant to the buyer. • Be careful with big purchases. Although it might be tempting, avoid charging your credit cards with thousands of dollars for furniture, appliances, and décor right away, especially for items that aren’t necessary. These actions can look suspicious and threaten the deal, as the lender could suspect you’re using funds reserved for mortgage payments • Be responsible and on time. Turn in all required paperwork on time. Don’t be late to the closing — make sure you have time to review the closing statement carefully. • Report extra income. If you’ve received money from
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