There are a variety of opportunities in the Phoenix real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.
Your credit score is probably one of the most important numbers in your life. It affects family planning because it determines your risk to lenders, merchants, and vendors. Indeed, if you need a loan for any reason, your credit score will come into play.
3 credit bureaus determine your FICO score. They calculate it using a combination of your financial records: 35% payment history, 30% amount you currently owe, 15% length of your credit history, 10% new credit inquiries, and 10% types of credit (includes loans, credit cards, retail accounts, etc.).
If you have a great score and a substantial amount of money, give us a call. We can help you diversify your investments by adding real estate to your portfolio.
If you are struggling in the credit department, we can help you as well. We have access to resources and people you can talk to that can help you get your financial situation on the right track. A lot of the solutions to your problems are DIY and completely free - so there is no need to stress. In fact, here are 3 things you can do right now:
- Check your credit report: There are many free resources you can access online. Check your score once a year, go through it in detail, and get in contact with a credit bureau if you have any problems.
- Set up payment reminders: Call your bank and set up reminders so you get an email, a text, and a call to remind you to get your payments in on time. It's free!
- Reduce the amount you owe: This is an obvious one and it sounds easier said than done. Pay off the smaller debts first to gain the momentum and confidence to follow through on the higher interest loans.
We hope you find this information helpful. As always, if you or anyone you know is interested in buying or selling real estate in the Glendale area, don't keep us a secret. We would love to make your real estate goals a reality.
