Very 1st Step for Buying a Home
March 8th, 2010
Most buyers of a new home will be financing that home with a mortgage. Since this will be likely your largest debt, doesn’t it make sense to get the lowest interest rate?
I participated in a website tool today that could get you started down the right path!
Credit.com offers a tool to consumers to “grade” their credit report. Best yet, it is FREE, no detrimental ”inquiry” is created, and I completed it in 8 minutes!
Go to the Credit Report Card on www.Credit.com
The site will give you a score of A+ thru F on several scoring categories used by credit scoring firms. They also describe what to do and not to do in trying to fix the issues.
Also review my past blog post on credit reports and your score. MetrowestHome.com Blog Post on Credit Scoring
The Money Magazine article I found this in also recommends www.CreditKarma.com as a 2010 recommended website. It will show you how changing one factor might affect your credit score.
Ed Daniels, of Re/Max Executive Realty in Hopkinton, Massachusetts can be reached at 508-341-7880 with any MA real estate questions. Covering the Metrowest Boston real estate market, the MAhome Team has served clients in buying and selling homes since 1998.
Categories: Mortgage Updates, Real Estate
This entry was posted on Monday, March 8th, 2010 at 12:11 pm and is filed under Mortgage Updates, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
