Its Not Far If You Know The Way

Dated: 03/25/2017

Views: 313

“It’s not far, if you know the way.” What this expression implies is that you could have a long way to go if you don’t know where you’re going or how to get there. Just like reading a map, there are some definite steps that will improve your success in buying a home in today’s market.

  • Know your credit score – the best mortgage rates are available to borrowers with the highest scores. Unless you know what your credit score is at all three major credit bureaus, you don’t really know what rate you’ll have to pay.

  • Clean up your credit – it is estimated that about 90% of credit reports have errors. Some are not serious but others could affect a borrower from getting the loan they want. It is your responsibility to know what is on your different reports and correct them if possible. You’re entitled to a free copy of your credit report each year from Experian, Trans Union and Equifax.

  • Get pre-approved – Taking the time to make a loan application with a qualified lender even before you start looking at homes will provide peace of mind, make sure that you are looking at the “right” homes and may help you negotiate the best price on the home you select.

  • Do your homework – when you find the home that meets your needs and desires, get the home inspected and research the tax assessments, school ratings, crime activity, possible zoning changes and comparable sales in the area.

Find Your Dream Home Now!

Want to Advertise on this Site?

Latest Blog Posts

Real Estate 2018 What To Expect

Real Estate 2018: What to ExpectAs we head into a new year, the most common question we receive is, “What’s the outlook for real estate in 2018?” It’s not just potential buyers and sellers

Read More

Jan 3 2018 53047 1

3 Questions To Ask Before Buying Your 1st HomeThe real estate market is constantly changing, so of course DO YOUR RESEARCH! DO NOT jump the gun on this one! Unbiased advice from family and peers may

Read More

Ditch The Jumbo Loan

Have you heard?We sold the home at 911 W Woodlawn in Beacon Hill in 3 days! Multiple offers! If you have a home to sell, contact The DeFrees Group for a free market analysis to find out what

Read More

Sneak Preview In Beacon Hill

We hope you all had a wonderful Thanksgiving! Our family all got together at our oldest son, Mike's house. Because of schedules and extended family, we are usually missing one or two. We have 7

Read More