Home sellers have lots of options when is time to sell their properties, however there is no magic formula that will guarantee in achieving the best and highest price possible for their homes. This is why I like to partner with my clients to guide them through the complexities of selling their homes. I assembled a team of true professionals with experience, dedication and strong communication skills to help ensure a successful and profitable sale of your home. 

 

Today, we'll talk about 7 Steps How to Boost Your Credit Score

 

Credit repair is something that everyone needs to take care of at some point in their lives. This post  will go over 7 steps to help you boost your credit score when you are contemplating buying a home.

 

 

1) Pay all credit cards and any revolving accounts down to below 30% of your available credit limit. This is important because if you have a large balance on your credit card, it can cause a drop on your credit report.

 

2) Correct all inaccuracies on your credit report. You need to know exactly what is wrong with your credit report and then correct it. The best way to do this is to contact the credit bureaus and dispute anything that you think is inaccurate. It may be necessary for you to send them a letter to dispute anything. If you don't want to write a letter, you can call them and dispute things over the phone. Make sure you follow up on any disputes you make.

 

3) Negotiate with creditors if you have any negative marks on your credit report. Most people have a few negative marks on their credit report because they didn't pay a bill on time, or they had a late payment. If you have a negative mark on your credit report, talk to the creditor and try to work out a deal. Many times they will settle for a reduced amount or even waive the negative mark.

 

4) Pay down your debt. If you are having trouble making payments, get a debt consolidation loan. This will allow you to pay off your debts faster and speed up the time to be ready and buy a house.

 

5) Make sure you have a good credit history. If you have been in the past and had bad credit, now is the time to start building up your credit history again. It is a necessary step to be prepared when buying a home.

 

6) Don't apply for new credit. If you have bad credit, you should wait until you have a good credit history before applying for new credit. This will help you build up your credit history and give you more options when it comes to getting credit.

 

7) Once you have built up your credit history, you should start paying off your old credit cards, but do not cancel them. The older your credit history is, the higher your credit score will be.  This will help you build a good credit history as time passes.

 

Always consult with your real estate agent about your home inspection results and the options you have inside the sales contract that you've signed. 

 

To purchase your dream home or a great foreclosure property, is about being educated, thorough and patient with the process. The most important aspect of finding the perfect home is working with a real estate agent who is highly skilled in negotiation and understanding of your expectations!  

 

For more information or assistance to help you find a home in the Las Vegas and Henderson area please call us at 702–845–8540