REPORT # 7 From ([email protected] Licensed Real Estate Broker)
BUYERS: How To Find Out What Is In Your Credit Report!
If you’ve ever had a bank account, mortgage, credit card, car loan, or account with a retail store you will invariably have a credit rating. Information in your credit rating for the most part comes from companies you have credit with, as well as from certain public records such as tax liens, bankruptcies, judgments and lawsuits. It’s very important to know and understand your credit rating, How the information is compiled and of course How it affects your ability to acquire a loan for your new home.
Credit reports are usually divided into these sections:
- Potential Score Improvement (from either Planning or Error Detection).
- Specific Identification information about you.
- TriMerge Score Models (three FICO numbers).
- Information you have provided for the credit company.
- Your Credit History.
- Who has reviewed your Credit History.
- Detailed Contact Information for Creditors.
- Explanatory notes and comments.
Different states have different requirements and it is important that you check on what applies to you. Massachusetts will NOT allow a Lender to give you the actual report. There are three major credit-reporting agencies, Trans Union, Experian and Equifax.
Your Real Estate Broker Roberta can recommend a reputable mortgage lender [email protected] who has the reputation of providing excellent service and good rates. This lender will be able to immediately pull your credit report for your review and can make recommendations of how to make it better. The better your credit score, the higher your credit rating will be. And in turn the Better your Interest Rate!
Choose your agent wisely. Working with a full-time professional real estate agent is a must. List the questions you (and your partner?) have and Ask your agent. You’ll find out how knowledgeable she is about houses currently for sale in your price range and also of houses that have recently sold. Your agent can recommend a good lender that has the reputation of excellent customer service and low rates. Does your agent ask questions of you to have a full understanding of what you are looking for to help you get the most home for the money?
Thank you for requesting a copy of this free report providing information on how to find out what is in your credit report. I hope that it is useful and informative in your search for the perfect home.
For prompt, courteous, professional service, call (Roberta Hurney): Office: 1-781-639-8616 Direct: 1-781-258-5216 You can email me at:[email protected] To view thousands of area homes for sale I’ll set you up to review them daily.
Have questions, need advice you can count on or just want to discuss this further? Don’t waste any more time pick up the phone and call me now! I’m here to help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you, Roberta.