Avoid a Closing Nightmare

          There are literally hundreds of items that can and do go wrong that can foul things up. Some can be resolved, but some are deal killers.

         There are a variety of people that we must rely on to do what they are supposed to do in order to achieve a successful transaction. These include: Buyers, Sellers, Other agents, Escrow, Title, Lenders, Inspectors, Appraisers, etc.

        If you want to avoid a closing nightmare here are some tips for you:

• Try to DELAY ANY LARGE PURCHASES until after your loan closes. 
• Don't close any accounts
• Don't take any Cash Advances on your credit card(s)

• If your loan approval requires you to pay off any bills, DO NOT PAY THEM OFF YOURSELF, CONTINUE TO MAKE ROUTINE PAYMENTS UNTIL YOUR LOAN CLOSES.  

• Don't quit your job. 
• Inform your mortgage consultant if your existing loan will be transferred to another lender prior to the closing of your new loan
• Don't allow any additional inquiries (credit checks) on your credit

• Do continue making ALL of your payments as agreed, especially your mortgage even when you are refinancing your loan. 

• Return any documents the escrow company sends you right away
• DO NOT MOVE ANY MONEY AROUND UNTIL YOUR LOAN CLOSES. 

  There is a lot of free information available to you about buying, selling or investing in Fremont real estate. For complete information about the Fremont Ca real estate market including current Fremont homes for sale, property values, market conditions and more please visit the most complete website dedicated to everything Fremont real estate related.

  If you or someone you know are in need of a competent and caring Fremont agent in or near Fremont Ca, I hope you will contact me. Clyde Brown Legacy Real Estate & Associates.