In Escrow Dos And Donts

In Escrow Dos And Donts

My favorite Lender sends this amazing snippet at the end of all his emails and I found it completely wonderful and wanted to share!  If you have signed a contract and you are in escrow, these are some Do's and Don'ts to stick by so that you don't delay close of escrow or terminate your contract completely :/  Take note!  File them away for later if this doesn't apply now but these are GREAT reminders!  

DO’s and DON’Ts



Here is a list of helpful tips to ensure an effortless, delay- free loan process.


·         DO continue making your mortgage or rent payments

·         DO stay current on all existing accounts

·         DO keep working at your current employer

·         DO keep the same insurance company

·         DO continue living at your current residence

·         DO continue to use your credit as normal

·         DO call us if you have any questions


·         DON’T use any of your credit cards without a discussion with us first

·         DON’T apply for new credit (even if you seem to be pre-approved)

·         DON’T make a major purchase (car, RV, boat, jewelry, furniture, etc.)

·         DON’T transfer any balances from one account to another

·         DON’T pay off charge offs without a discussion with us first

·         DON’T pay off collections without a discussion with us first

·         DON’T pay off any loans or credit cards without discussion with us first

·         DON’T close any credit card accounts

·         DON’T change bank accounts

·         DON’T consolidate your debt onto 1 or 2 credit cards

·         DON’T take out a new loan

·         DON’T start any home improvement projects

·         DON’T finance any elective medical procedure

·         DON’T open a new cellular phone account

·         DON’T join a new fitness club

See ;)  Smart advice!  

Contact me to buy, sell or rent! 

#jenniesells #spellhomesteam #buyer #seller #rent #serviceyoudeserve

Serena Pell Headshot
Phone: 623-258-6703
Dated: August 13th 2016
Views: 102
About Serena: ...

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