How to Improve Your Credit

Creidt ScoreHow to Improve Your Credit

Credit scores play a big role in determining whether you’ll qualify for a loan and what your loan terms will be. So, keep your credit score high by doing the following:

Check for errors in your credit report.
Thanks to an act of Congress, you can download one free credit report each year at annualcreditreport.com. If you find any errors, correct them immediately.

Pay down credit card bills.
If possible, pay off the entire balance every month. Transferring credit card debt from one card to another could lower your score.

Don’t charge your credit cards to the max.
Pay down as much as you can every month.

Wait 12 months after credit difficulties to apply for a mortgage.
You’re penalized less severely for problems after a year.

Don’t order items for your new home on credit.
Wait until after your home loan is approved to charge appliances and furniture, as that will add to your debt.

Don’t open new credit card accounts.
If you’re applying for a mortgage, having too much available credit can lower your score.

Shop for mortgage rates all at once.
Having too many credit applications can lower your score. However, multiple inquiries about your credit score from the same type of lender are counted as one if submitted over a short period of time.

Avoid finance companies.
Even if you pay off their loan on time, the interest is high and it may be considered a sign of poor credit management.

The Housing Market

Whether you are buying or selling real estate, it is important to know the state of the housing market. This way, each side knows where the advantages lie. For sellers, the market is at its best when there are fewer homes up for grabs. Less competition makes for an easier time getting your property viewed by the right individuals. On the flip-side, buyers will find top deals when there is a saturation of listings. When sellers are competing for your business, you end up the winner!

The housing market can give us a list of relevant information, such as: the number of homes for sale, the average selling price for real estate in the area, and the amount of homes sold during a specific period of time. With this data, both buyers and sellers can formulate a strategy on when to make a move. Perhaps more homes are sold during the summer. Maybe the average cost is lowest at the beginning of the year. Whatever the housing market shows, it is important to take the information into consideration.

Real Estate

Real estate is one purchase that buyers will never regret. The investment always pays off, whether you use or sell it. While you can be sure that land will always be in demand, it will not always be available. That is why we suggest that real estate investors purchase now instead of later. If the supply and demand model of economics teaches us anything it’s that prices rise when supply goes down.

When purchasing real estate, it is important to assess your needs. For example: those that have the intentions of constructing a commercial building will want to select an area that is visible to their target audience. Success begins with the right location, so choose wisely. After all, you wouldn’t want to put luxury condominiums in a rural town.

Those that are in the market for real estate will want a real estate agent by their side. The agent is familiar with every aspect of the area. From the neighborhood’s demographics to its history, there are important factors to take into consideration when selecting real estate. Starting off on the right foot begins with going to those with the experience.

Buying a Home

Buying a home is both an exciting and scary venture. With the status of homeowner comes the costs of maintaining the property you are now tied to. If you are going to take on a lot of added responsibility it is your right to be selective when choosing a home. While your search may start out with enthusiasm, it can quickly grow tiresome as their are so many listings to browse.

Our question would be: why do all of the work when there is someone willing to help? The process goes a lot smoother with more that one set of eyes scouring the housing market for your perfect property. This is where our team truly shines, as we make it our duty to get our clients the keys to their ideal abode! Simply tell us what you are looking for and our superior team of agents will go to work searching through our database of available homes. From there, we will give you a list of residences that most accurately match your requirements. With a list that is narrowed down to a handful of properties, your decision will be much more manageable.

Selling a Home

Selling a home can be a difficult task for even the most seasoned of sellers. There is so much that goes into the process of placing a property on the housing market. First, the owner needs to get the home in condition to present it to potential buyers. From there, taking proper pictures that display your residence in its best light is a must. These are the images that are going to grab the attention of those that are searching through the housing market. Unfortunately, even the best pictures don’t ensure that your property will be seen. After all, you are competing with your neighbors for the attention of a select few.

As with any competition, it is important to find an edge. This is where an experienced realtor can be your ace in the hole. With an extensive list of interested buyers, as well as the knowhow to market your listing to a greater audience, real estate agents make it their mission to get the most money for your property. When you have a team of skilled agents on your side, the competition gets left in the dust!