Congratulations, You Have Found a House and Put it Under Contract! Now What?

Avoid Changing your Financial Profile

If you have your house under contract, this probably means that you have gotten a pre-approval/qualification letter.  Your lender will now make a formal loan application.  This application is based on your finances at that point.  It is vital that you don't make significant changes to you finances until after you close.  Problems can occur if you buy a car, open new lines of credit, change jobs, acquire other significant debt, etc.  It is a good idea to talk to your lender before making significant purchases that would out you into debt.  You also don't want to spend your down payment/ closing costs.

From there, you will have a number of items to complete before closing.  See the check list below. 

Contract to Closing Check List

This list may seem daunting but I send updates on an almost weekly basis to make sure everything is completed in a timely fashion.