Adam Tabaka

Home Buying Process

What Not to do Before Closing on a Home

After your offer is accepted, it’s easy to get excited—and tempted to make big purchases. But doing so before closing can seriously jeopardize your mortgage approval. In this video, Adam explains why maintaining your financial status quo is critical from ratification to settlement. This is a crucial watch for any buyer under contract who wants to avoid costly mistakes that could derail their home purchase.

What You’ll Learn in This Video:

  • Why big-ticket purchases before closing can ruin your loan approval

  • How credit score and debt-to-income ratio are monitored post-ratification

  • What conditional loan commitments really mean

  • Examples of purchases to avoid (furniture, cars, appliances)

  • When it’s safe to start spending on your new home

Want to learn more? Download the Home Buyer Overview.
What’s on the market now? Customize your home search.

Ready to start the process? Schedule a brief conversation.

Full Video Transcript

Adam Tabaka (00:00):

Okay after you’ve ratified a contract, it is critically important that you maintain your creditworthiness from contract all the way to closing. And the big key here is no big-ticket purchases. Now, you might want to go out and buy a shiny new car to park in the driveway of your new home. You might want to go out and shop for some furniture to help fill the space if you’re moving into a bigger home than you’re currently living in. Don’t do any of that until after you’ve gone to settlement.

(00:30):

Even if you’ve already received conditional commitment, there’s still a chance that you could be denied prior to settlement. One of the conditions of that commitment is that your DTI and your credit score do not change drastically. And making big ticket purchases is one way that one or both of those criteria could potentially change drastically. So window shop all you want, but save the spending until after settlement.

(00:57):

Want to learn more? Check out my Home Buyer Overview. Ready to get the process started? Give me a call or schedule time with me down below. Until next time, take it easy.

Your Roadmap to a Confident Home Purchase

Whether you’re buying for the first time or the fifth, having a clear understanding of the home buying process makes all the difference.

My comprehensive Home Buyer Overview walks you through every stage—from financing and offer strategy to inspections, closing, and beyond—so you can navigate your purchase with clarity, confidence, and fewer surprises.

Home » Buying Process » What Not to do Before Closing on a Home
Scroll to Top