Happy New Year! Could 2025 be your year to find your next dream home? It’s such an exciting milestone, but we know the closing process can also bring its share of stress. The good news? With a little preparation, you can make the move to a new home as smooth as possible. Let’s walk through four tips to help you feel ready for the big (closing) day.
- Avoid New Credit: Refrain from opening new credit accounts, like store cards or loans, before closing. Lenders track your financial activity closely, and even small changes to your credit score or debt-to-income ratio could affect your mortgage approval. Focus on securing those keys first; the store discounts can wait.
- Hold Off on Career Changes: Dream job on the table? That’s fantastic! But if you can, delay starting until after you close. Lenders value income stability and may raise questions over sudden job changes. Once you’ve got your new home, you can celebrate with peace of mind—the new house and your career.
- Save Big Purchases for Later: Now’s not the time for major buys, like a new car or that home theater system you’ve been eyeing. Large purchases could disrupt your financial profile and cause approval hiccups. Settle into your new place first, and then decide what upgrades you need or rewards you want.
- Partner With a Trusted Title Company: Closing is full of paperwork and legal jargon. It can get overwhelming if you don’t have the right team around you. However, reputable title professionals can simplify the process. That’s where we come in! Continental Title Company specializes in making your closing experience as stress-free and straightforward as possible. With our expertise on your side, you can feel confident throughout the process.
By keeping these simple tips in mind, the final steps to homeownership will feel a lot less stressful. It’s a big moment, and we can’t wait to celebrate with you!
Ready to Take the Next Step? Visit us at one of our 16 office locations today.