A great piece of advice for those going into escrow.
You’re about to buy a home, and are now “in escrow,” the homestretch of the home-sale process. During this period, you as the buyer will provide the needed funds for the home (most likely from your lender and with your down payment), the owner will transfer ownership of the property and the sale will be finalized.
Which means that if everything goes right — all contingencies are met, both the seller and the buyer meet their contractual obligations and your financing to purchase the home is in place — the home you have been aiming to buy will soon be yours.
But even though closing day is just around the corner, you’re not out of the woods yet. There are several missteps a home buyer can take that will put getting a loan, and finalizing the transaction, at risk.
Read on to avoid these goofs: