Check Your Credit Report BEFORE Buying Your Next Home!

Is 2014 your year to buy your first home or your next home?  There are several steps to get ready to buy.

Your FIRST Step …. Check your Credit Report!          credit report

I just finished an article by Debra Bigler of Prime Credit Repair, Inc.  She suggests that by reviewing your credit BEFORE you speak with your Lender, you can avoid a delay in getting your loan.  http://realtytimes.com/consumeradvice/mortgageadvice1/item/27661-20140221-get-your-credit-report-in-order-before-your-broker-sees-it

1.  If your credit report is not good, you will not be able to get a loan or your interest rate and fees will be high.

2. Check to see if you have any late fees or reports that are NOT yours.  Negative reporting can stay on your credit report for years.

3.  Have your credit report in order.  If not, you won’t get a loan. Now is a good time to work with a credit repair co.  This could be easier than calling Experian, TransUnion and Equifax directly.

4.  Clean up your credit report now and this will help you with your mortgage loan and any other high end purchases in the future.

If you need a referral on a good Credit Repair Co, send an email to carol@carolgilles.com.

Once your credit report and FICO score are in order, you will become a better qualified buyer.  Lenders may be happy to work with you through this process.

Let’s talk about your NEXT step!

 

 

About Carol

As a premier real estate agent in the South Bay, I’m here to provide you with all the resources and information you need to buy or sell real estate. I work with buyers and sellers in Torrance, Redondo Beach, Rancho Palos Verdes, Palos Verdes Estates, Long Beach and the surrounding areas and I’ve had extensive training in the latest real estate marketing strategies. I’m confident that I can offer you knowledge and tools most other agents can’t. Contact me so I can keep you updated on the latest real estate activities in our community and answer any questions you may have. I look forward to working with you!
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