|
Make sure you have a real estate agent that is honest.
Make sure that your agent understands loans and lending and can review the loan papers for you.
Try to find a semi-reputable loan officer (good luck!) Stay away from Countrywide if you can. If they make big promises, get it in writing and be sceptical.
ALWAYS get a home inspection, even on a new home.
If you are buying a new home, stay on top of the builder and make sure they do the final repairs/punch list as soon as possible.
Double check your loan papers before closing. Don't know how many times I have had, of have seen the loans 'change' at the last second. Crappy loan officers will pull a switcheroo at closing, dropping you into a loan that makes them more money. They count on you not wanting to screw with them when you are sitting down and signing all your paperwork.
Good luck!
|