Seven Steps to Buying a Home
Step 6: Exchange of Contracts and Settlement
Once you've determined a price point you're comfortable with, you're in the "home" stretch! But, in order to ensure that you don't put the property purchase at risk, you have a couple responsibilities that you'll need to keep in mind:
Staying in control of your credit and finances - Do not make any large purchases during this time. It's important to keep your financials steady throughout the buying process. Talk to your banking institution for guidance.
Keeping in touch with your agent and banking institution representative - It's important to stay in constant communication with your agent and banking institution during this process. Be sure to return all phone calls and complete paperwork promptly. Also, don't be afraid to ask questions from them.
Staying in control of your credit and finances - Do not make any large purchases during this time. It's important to keep your financials steady throughout the buying process. Talk to your banking institution for guidance.
Keeping in touch with your agent and banking institution representative - It's important to stay in constant communication with your agent and banking institution during this process. Be sure to return all phone calls and complete paperwork promptly. Also, don't be afraid to ask questions from them.
