This is the best time to get a free copy of your credit report. As a Real Estate agent I can’t count the times that I’ve seen people find their perfect home and then lose it when they couldn’t afford the payments because of an error on a credit report. They can’t figure out why they didn’t get the interest rate that they wanted. Then they get the credit report and see mistakes on it, but it is too late to fix anything. By getting your credit report early, you can fix the errors that do appear on it in plenty of time, and not have it hold up the purchase of your dream home.
If you own a home already, this would be a good time to call me and get my “Home Sellers Checklist”. This is a list of all the things you should do to your home, prior to putting it on the market, that will help insure a faster sale and net you the most money. Most people put their home on the market and then try to fix things. This is the incorrect order to do things if you want to get the most out of your home. First, you lose a lot of potential buyers. They saw the home prior to the fixes and will not come back again. Second is you may lose thousands of dollars in the price of your home to a buyer that may put in an offer, but not for what you are asking. A desperate agent will tell you to list now! I advise my clients to wait, do the repairs, and net the profit later. Why lower the price by $15,000 when in less than 2 weeks, the home could be show ready, and sell a lot quicker than if you just listed it immediately. For more tips on what to do prior to buying or selling a home, please feel free to call me anytime or visit my website for other helpful tips.
Todd Clark – broker
Kastings & Associates