You may have seen the headlines lately:“Home prices are dropping.”“Denver is leading the decline.”“More than half of major metros saw year-over-year price drops…
Dated: October 24 2023
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HAPPY Get Smart About Your Credit Day!
I know, I know, not as exciting as some other holidays but such an important step in #adulting. So, order your PSL to go and read my 4 tips to get your credit score pre-approval ready below 💳
1. Meet with a local lender - Have them pull your credit score and talk you through it. If there are any discrepancies, report them to the credit reporting agencies and allow 30-45 days to investigate.
2. Make your payments on time - On-time payment habits are a major calculation when it comes to your credit score. Get in the habit of making your payments on time to give your score a BOOst.
3. No big purchases - You might be tempted to buy a new car to fill the extra garage stall, or buy all new furniture. Buttttt, you should wait! Financing big-ticket purchases like these impact your credit and could delay your home-buying plans. 👻
4. Keep your debt/income ratio low - Pay down your debt. High credit utilization like outstanding credit card bills, student loan debt, etc. have an impact on your credit score.
Bottom line, financing a new home is more important than financing a new couch. Save the furniture and new car for AFTER closing day!
Angelica’s path into real estate is rooted in a life full of diverse experiences and a deep appreciation for what “home” means. Growing up as an Air Force brat meant constant moves, and later, h....
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