🏡 Buyer Beware: 10 Things Every Homebuyer Should Avoid

🎯 Why This Matters for Houston Buyers

Buying a home is one of the biggest financial steps of your life. Once you’re under contract, every decision matters — even small ones. Lenders will review your finances more than once before closing, so it’s critical to keep your financial picture stable until you have the keys in hand.

🚫 10 Things You Should NEVER Do When Buying a Home

1️⃣ Don’t Change Jobs, Quit, or Become Self-Employed

Steady income is crucial. Even if you get a higher-paying job, a sudden change can cause your loan approval to stall.

2️⃣ Don’t Buy a Car or Vehicle

Auto loans add debt and lower your borrowing power. That new ride can wait until after closing.

3️⃣ Don’t Max Out or Misuse Credit Cards

High balances or late payments will quickly drop your credit score — and possibly your approval.

4️⃣ Don’t Spend Your Closing Funds

That money is earmarked for your down payment and closing costs. Touching it can derail the entire transaction.

5️⃣ Don’t Hide Debts or Liabilities

Lenders need the full picture. Leaving things out can result in delays or even denial.

6️⃣ Don’t Finance Furniture or Appliances

Even “0% interest” store credit counts as debt. Hold off until you’re moved in.

7️⃣ Don’t Apply for New Credit

Every credit inquiry can lower your score and raise red flags. No new credit cards, loans, or financing.

8️⃣ Don’t Make Large Deposits or Withdrawals Without Talking to Your Loan Officer

Unexplained transactions create verification issues. Always consult your lender first.

9️⃣ Don’t Change Bank Accounts

Switching accounts complicates documentation. Keep your finances consistent and easy to track.

🔟 Don’t Co-Sign Loans

Even if you’re not the one paying, co-signing makes you legally responsible for debt — which lenders will count against you.

💡 Pro Tip: Stability is Key

Think of your finances like glass — the less you shake things up, the smoother your home purchase will be. Every decision you make between contract and closing should be reviewed through the lens of: “Will this affect my mortgage?”

📍 Local Insight: Houston Market

In Houston’s competitive market, homes move fast. A last-minute loan denial because of one of these mistakes can cost you not only your dream home but also your earnest money deposit. That’s why avoiding these pitfalls is one of the most important steps you can take.

📞 Ready to Buy Smarter?

As your Houston Realtor®, I’ll guide you through not just what to do, but what not to do. With the right strategy and team, we’ll keep your home purchase smooth and stress-free.

📲 Call or text Alejandra Reyes at (281) 236-3292
🌐 Visit: alejandra.triciaturnergroup.com
📧 Email: alejandra@triciaturnerproperties.com