Home Buying 101: What Buyers Should (and Shouldn’t) Do to Close!

Buying a home is exciting—but the period between getting your offer accepted and closing day is just as important as the house hunt itself. Many transactions that start off strong can run into delays (or worse) because of avoidable buyer mistakes. Here are a few simple but critical tips to help keep your purchase on track and get you to the closing table without issues.

1. Don’t Take on New Debt

Once you’re under contract, your financial picture should stay exactly as it was when you were approved for your mortgage. Opening new credit cards, financing a car, or even making a large purchase on credit can change your debt-to-income ratio and jeopardize your loan approval.

Bottom line: If you didn’t have the debt when you got pre-approved, don’t add it now.

2. Avoid Big Purchases Until After Closing

That new couch, dining set, or big-screen TV can wait. Even if you plan to pay cash, large purchases can raise red flags with your lender or reduce your available funds needed for closing.

Pro tip: Celebrate your new home after you get the keys.

3. Don’t Change Jobs or Income Sources

Lenders value stability. Changing jobs, switching from salary to commission, or starting a new business during escrow can delay or derail underwriting altogether.

If a change is unavoidable: Talk to your lender and Realtor before making any moves.

4. Keep All Payments Current

Late payments—especially on credit cards, auto loans, or student loans—can impact your credit score at the worst possible time. Many lenders do a final credit check just before closing.

Stay consistent: Pay everything on time and as agreed.

5. Communicate Quickly and Honestly

When your lender or Realtor asks for documents, respond promptly. Missing paperwork is one of the most common reasons for closing delays.

Remember: They’re not being difficult—they’re protecting your deal.

In Closing:

The goal is simple: don’t rock the boat. Maintain financial stability, follow guidance from your Realtor and lender, and resist the temptation to make big changes until after closing day. Doing so will help ensure a smooth transaction—and a stress-free move into your new home.

Rafael Amador, Realtor®