SMART Buyers Guide

The Smart Buyer’s Guide: Tips for Home Buying Success

Bonus Tips: Credit & Financial Readiness for a Smooth Closing

Stay on Top of Your Credit

• Always pay your credit-related accounts on time - especially through closing. A missed payment can hurt your credit score and jeopardize your loan approval.
• Avoid applying for or opening new credit unless we’ve discussed it and it’s absolutely necessary.
• Pay down your credit card balances if possible. Lower balances typically help boost your credit score.
• Don’t carry large balances. It’s best to use less than 10% of your credit limit on any revolving credit cards.

Building Credit the Right Way

• Credit repair agencies can help you build or rebuild your credit and advise you on steps to take to maintain good credit.

Protect Your Funds

• Save as much money as possible before and during the home buying process. You’ll want to be well-prepared for down payment, closing costs, and any unexpected expenses.
• Keep all your funds in your bank account and talk to us before depositing large amounts, especially if it’s more than 50% of your monthly income.

Stay Stable & Focused

• Continue working regular hours during the process. Any employment changes can impact your loan approval.
• Reschedule any vacations or major trips until after you’ve moved into your new home - staying available and stable during escrow is key.

Buying a home is one of the biggest decisions you’ll ever make. With the right guidance and preparation, it can also be one of the most rewarding. Use this guide as your foundation, and remember - I’m here to help whenever you’re ready to take the next step.

Let’s find your perfect home - together.