1. BE SPECIFICThe more clearly you can describe the problem, the less likely the seller is to misunderstand and freak out. Refer to the inspection report, and remember that providing pictures is
Increase Your Credit Score Today
Now in order to do this, you must be aware of credit and how it affects you.
What is a credit score? It's pretty much a report card for adults that tell companies your ability to pay bills over a period of time i.e. Credit worthiness.
How can you get your credit score/report? You can get your credit score for free at creditkarma.com. You are able to get a credit report once a year for free as well. Go to annualcreditreport.com.
Whats the range in credit scores/Where do you range? There are a few ranges in credit scores:
500 and below (Very poor)- Most likely you will be denied credit or receive costly interest rates
501-600 (Poor)- You may qualify but, you will pay high interest rates
601-650 (Fair)- You can qualify with common interest rates
651-700 (Good)- You can get competitive interest rates
700 and above (Great)- You'll compete for the lowest interest rates on the market
There are 3 different credit companies, which score will companies go by? Companies will go by your middle score. Here is an example:
Your middle credit score--670 (This is your credit score)
You should know your credit like you know your favorite song. Mines is Micheal Jackson- Lady of my life :)
Here is a video by one of the top real estate mentors in the business about how to build your credit
Til next time,