Are you buying a home in Schuylkill County, PA right now?

If so, pay attention to this blog post on what NOT to do.

 

 

Via Michael Johnson, REALTOR, ABR - Goose Creek SC (Carolina One Real Estate):

Oh, the perplexing world of credit.  I must confess that there are times that the rules of what raises and lowers your credit score baffles me.  The one thing I am certain of is that you should guard your credit score with righteous fervor, at least until you win the lottery and can afford to buy everything with cash.  Your credit is part of your buying power.  This active guardianship is even more important once you are in the process of buying a home.  

Leading nationwide credit expert and President of Credit Resource Corporation, Linda Ferrari, developed the top 10 credit "don'ts" during the loan process, to help you get your arms around those things that can unknowingly wreak havoc on your loan transaction.

1. Don't do anything that will cause a red flag to be raised by the scoring system
2. Don't apply for new credit of any kind
3. Don't pay off collections or charge offs
4. Don't max out or over charge on your credit card accounts
5. Don't consolidate your debt onto 1 or 2 credit cards
6. Don't close credit card accounts
7. Don't pay late
8. Don't allow any accounts to run past due-even one day!
9. Don't dispute anything on your credit report
10. Don't lose contact with your mortgage and real estate professionals

 

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If you have a home anywhere in the Charleston Metro Area and would like to get more information about selling your home, please contact me for a free home evaluation. 

I also work with buyers.  If you are interested in more information about buying a home please contact me and I would be glad to meet with you or email you a list of homes.

 

Michael J. Johnson, Realtor, ABR

www.metrocharlestonhomes.com

843-817-5299

michaeljohnson@carolinaone.com

"Providing the Light to Guide You Home"

 

 

 

 

 

 

 

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Exceptional … Professional … Results!

Erica Ramus is Broker/Owner of Ramus Realty Group in Pottsville, PA.

If you're looking for a professional firm to represent you in all of your Schuylkill County real estate needs, call us at 570-622-6006.

Pottsville PA homes for sale                 Schuylkill County homes for sale

We have all properties listed for sale in the Schuylkill MLS on our website.

We also run Schuylkill Appraisal Services, for all your appraisal needs in the area.

Schuylkill Business lists Schuylkill County commercial real estate for sale/rent.

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4 Comments on Top 10 Credit Don'ts When Buying a Home

JUL
23
2010

So basically pull the Jurassic Park T-Rex defense? 'Don't make a move. Their vision's based on movement.' Haha. But seriously good advice.
6:23pm • #1
1,516,527 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Good reblog Erica.  I just spent 90 minutes with a lender and a new set of buyers.  The things that underwriters are looking at is getting longer and longer.  Fortunately, this advice is good for any market.
6:31pm • #2
306,520 Points 9 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Erica, this is great advise for buyers in SC or PA.  It is hard for buyers to do anything right anymore it seems.
8:38pm • #3
1,325,365 Points 37 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Erica

Thanks for sharing the information.

Good luck and success.

Lou Ludwig
9:24pm • #4

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Pottsville, PA

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Erica Ramus - Ramus Realty Group - Pottsville, PA

Address: 300 Mauch Chunk St. Suite A, Pottsville, PA, 17901

Office Phone: (570) 622-6006 x 301

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