mybuyersagent.com

Getting a mortgage is no simple task: It's a complex and time-consuming process, and perhaps one of the most significant events of our lives, at least in financial terms. Here are ten potential pitfalls to avoid: Not checking your credit: Long before you begin searching for a mortgage, you should know where you stand in the credit score department. After all, a bad credit score can bump up your mortgage interest rate several percentage points or leave you with no approval at a
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Buying a home is a big decision.  Before putting your home up for sale or starting your search for a new home, there is some basic information you should be aware of.  Familiarize yourself with the following if you are a buyer: 1. Know your credit score – find out what your FICO score is and if it is low, take the necessary measures to improve it.   Find out your full credit potential and empower yourself with the means to achieve it.  The lower your score, the hi
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A Conventional wisdom says that you need to stay in a home a minimum of five years to ensure that you recoup your purchasing costs. But with some markets soaring, this advice doesn't always apply. It's All About the Market Market conditions play a huge part in any decision about when to buy. Housing market values have varied widely from region to region in recent years. While the Florida market has seen meteoric rises in home values, Ohio has seen its real estate prices go into neg
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The perfect credit score is 850. This is a numerical measure of your clients' creditworthiness and what most lenders look at when they check their credit.    Standards have risen by about 20 to 40 points this year. While a score of 720 would have gotten you the best rates on a mortgage in the past, now you need a score of at least 740 to snag the best loans.    There are five categories that calculate a credit score: (1) How much debt does your client have; (2) their pa
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