STARTING THE PROCESS OF BUYING A HOUSE?
HOW'S YOUR CREDIT?
One of the first steps a potential buyer or renter should think about before making the move to home ownership or renting, is to have a clear understanding of their credit report.
To acquire a free credit report, all you need is a computer. Go to http://www.annualcreditreport.com/, fill in the blanks, and you will get your credit information.
Both lenders and landlords will make decisions about your viability as a purchaser or a potential tenant based on this information. It is also helpful to have this information prior to searching for properties with your realtor since it is one of the first questions an experienced realtor might ask. In the quest for home ownership, a buyer/tenant must be "ready, willing and able". The "able" is your past and present financial picture, ie. your credit report.
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Good content and link.
ReplyDeleteI sent this to my facebook page. Everyone likes the word "free"
ReplyDeleteI'm on floor duty today and have directed 3 callers to the www.annualcreditreport.com website. They called in about rentals and did not know what their credit ratings are.
ReplyDelete