80/10/10 Rule: If you find a house that has 80% of what you are looking for, 10% of things you can change and 10% of things you can live with it’s a keeper!

THINGS YOU SHOULD ABSOLUTELY NOT DO BEFORE PURCHASING A HOME

  1. Don’t quit or change your job.
  2. Don’t buy any large ticket items, take loans out or anything that will pull your credit.
  3. If anyone gifts large sums of money get a gift letter. (a bank statement from them might be needed if the amount is questioned.
  4. Not telling me about animal allergies.
  5. Getting advice from people that have not purchased a home in the last year.The rules have changed by the federal government.
  6. Not being completely honest with the lender about child support, alimony, wage garnishments or any other payroll deduction.
  7. Trash the property in front of the owners.
  8. Talk about the property in the home, could have camera’s in place.
  9. Calling the agent on the for sale sign.
  10. Attend open houses or new construction without me.
  11. Not telling me if you have a house to sell.
  12. Delaying paperwork because you are irritated by the frequency and number of requests from the Mortgage Company.
  13. Finding a lender on the internet that offers 0.001 interest rate.
  14. Not realizing it is possible to find what you are looking for the very first day you go out (this happens more then you think).
  15. Waiting to find the absolute perfect house.Read the 80/10/10 rule.
  16. Not getting a home inspection.
  17. Not telling me what is most important to you.
  18. Not using an attorney the specializes in Real Estate.
  19. Do not cosign for a loan.
  20. Not being up front with your loan officer (hiding information).