When you’re a buyer going under contract on a home, it’s an exciting milestone—but it’s also a critical phase where certain missteps can jeopardize the entire deal. To help you navigate this process smoothly, here are some key things buyers should avoid once under contract:

1. Don’t Make Major Financial Changes
   Lenders will re-verify your financial status before closing, so avoid making large purchases, opening new credit accounts, or changing jobs. These actions can affect your creditworthiness and loan approval.

2. Don’t Miss Deadlines
   Contracts include important deadlines for inspections, appraisals, and financing contingencies. Missing these can result in losing your earnest money or even the home itself. Stay organized and communicate promptly with your agent.

3. Don’t Stop Communicating
   Keep in close contact with your real estate agent, lender, and attorney throughout the process. Promptly respond to requests for documents or information to avoid delays.

4. Don’t Make Assumptions About Closing Costs
   Be clear on what you owe at closing and budget accordingly. Unexpected costs can cause stress, so review your Loan Estimate and Closing Disclosure carefully.

5. Don’t Neglect Final Walk-Through
   Before closing, do a final walk-through to ensure the property is in the agreed-upon condition. This is your last chance to confirm repairs were made and no new issues have arisen.

By avoiding these common pitfalls, you’ll keep your home purchase on track and move confidently toward closing day. If you have any questions or need guidance during this exciting time, I’m here to help every step of the way.

Feel free to reach out anytime at penny@nrrt.com or call me at +1 859-220-3600. Let’s make your home buying journey a smooth and successful experience!

— Penny Winer
Nick Ratliff Realty Team
https://penny.lexingtonkyhomesearch.com