DO This

Get pre-approved before you start shopping
A lender pre-approval shows you exactly what price range you can afford and makes your offer stronger in today’s market.

Keep your finances steady
Continue making all credit card, car loan, and other debt payments on time. Lenders re-check your financial status before closing.

Shop for the right mortgage
Different lenders and loan programs can offer different rates, fees, and terms. Compare options to find what works best for you.

Save more than you think you’ll need
In addition to your down payment, Texas buyers should plan for inspections, appraisal, closing costs, moving expenses, and initial home maintenance.

Understand the Texas Option Period
Texas contracts typically include an option period, giving you time to complete inspections and negotiate repairs. This is a critical protection for buyers.

Plan for property taxes and homestead exemption
Texas has no state income tax, but property taxes can be higher. Once you move in, apply for your homestead exemption to reduce your taxable value.

NOT This

Don’t start house hunting without knowing your budget
Falling in love with a home outside your pre-approved range leads to stress and disappointment.

Don’t make large purchases on credit
Buying furniture, a car, or opening new credit accounts can change your debt-to-income ratio and put your loan approval at risk.

Don’t change jobs during the loan process
Lenders verify employment right before closing. Job changes — especially to self-employment — can delay or derail your loan.

Don’t move money between accounts without documentation
Large unexplained deposits or transfers can cause underwriting delays. Talk to your lender first.

Don’t skip inspections
Even new homes in Texas should be inspected. Foundation, roofing, HVAC, and drainage issues are important to identify early.

Don’t forget about HOAs and surveys
If the home is in a neighborhood with an HOA, review the rules and fees. Also, a property survey is often required and helps avoid boundary issues.

We’re Here to Guide You

The home buying process has a lot of moving parts, but you don’t have to figure it out alone. Parker Properties Real Estate helps Texas buyers understand every step, avoid costly missteps, and move forward with confidence toward homeownership.