Sell My House in MD | Thinking About Buying? Know Your Credit Score

 

Most real estate brokers and agents don’t really have all the tools needed to provide 100% selling services to sellers that need to sell their houses  quick, for cash and at a fair price. 

This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region. 

In order for most consumers to take advantage of the competition between these investors, we've created the perfect system. If you are in the market to sell you home and you are in need for a fair offer  right away... you’ve come to the right place. 

We can provide customised innovation towards all  your real estate needs if you are a home seller.

Today, I would like to talk to you about Thinking About Buying? Know Your Credit Score

 

Knowing your credit score or getting a recent copy of your credit report is one of the first steps that you can take toward knowing how ready you are to start the home buying process. 

Make sure all the information listed on your report is accurate and work to correct any mistakes. The higher your credit score, the more likely you will be to receive a better interest rate for your mortgage, which will translate into more ‘home for your money.’ 

Many potential buyers believe that they need a 750 FICO® Score or higher to be able to purchase a home. The truth is that according to Ellie Mae’s Origination Report, over 53% of loans were approved with a FICO® score under 750 last month!

 

Here are some tips for improving your credit score: 

* Make payments, including rent, credit cards, and car loans, on time.

* Keep your spending to no more than 30% of your limit on credit cards.

* Pay down high-balance credit cards to lower balances, and consider balance transfers to free up credit.

* Check for errors on your credit report and work toward fixing them.

* Shop for mortgage rates within a 30-day period — too many spread-out inquiries can lower your score.

* Work with a credit counselor or a lender to improve your score.

 

Once you know your score, your next step will be finding a lender and getting pre-approved for a mortgage. Doing this will ensure that you know your budget before you start looking for your dream home.

 

Source.. KCM Fernando Herboso Blog

 

To show my commitment to my clients, I will utilize the latest technology, know-how and information allowing me to bring you the best and highest offer for your house. 

To connect with me directly, 

Please call Fernando at 301-246-0001

Or via email:  Fernando@ReallyNiceHomes.com 

If you are thinking of selling your home in a more traditional way... Let Fernando take over the marketing of your property with our unique 99 STEPS system 

www.99SOLD.com - Call or text 240-426-5754 for more information.