Woodlands Home Buyer: The one big risk to watch out for once you've signed a contract to buy a home.
Phew, you've signed the contract to buy your first home in The Woodlands, the inspections have passed without a hitch and the "pending" period has passed so you're finally on track to closing on your new home in about two weeks time. Time to celebrate and head out to buy some furniture? "Hey, we can't sit around on the floor!" you say. Not so fast my friend... don't do it. 
If you do you might completely blow your transaction to pieces and you could be faced with extending your lease on that tiny little 700 square foot condo apartment that you've been living in for the last five years while you were saving for the down-payment on this home.
This is the deal... most lik
ely you will not be paying cash for that new furniture and the new flat-screen television.
You'll have to buy it on credit. This means credit checks. That means credit score gets affected. That means that if you are a border-line financing case you cannot afford to be messing around with your credit in the last few weeks before you're about to close on one of the biggest deals of your life. Even though you were originally "pre-approved", the underwriters can kick your deal out of their office if they discover that your debt load has climbed dramatically since they first looked at you.
So... wait. Close on your deal and then, that same night, go and buy that new furniture - if you can afford it!
Do you have any last-minute closing horror stories? Let's hear about them.