Rebuilding credit scores

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Real Estate Agent with Realty Group Referrals 16766
https://activerain.com/droplet/qTn

Rebuilding credit scores

Kenneth R. Harney, in The Nation’s Housing, in The Washington Post, has written an excellent article on the current state of credit scores and how prospective home buyers have been impacted.

Over fifty million people had their credit scores reduced during recent years. If your credit score is one that was reduced, now is the time to take action to increase your FICO score.

Read the article Keeping score on the bust’s devastation for an excellent explanation. Now is the time to be rebuilding your credit scores.

If you have advice for those that wish to improve their credit scores, please make comments on this post.

Dahlias in Kentlands IMG_0182

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs 

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Sergio Rebollo Jr. 01/08/2012 09:10 AM
Topic:
ActiveRain Community
Location:
Maryland Montgomery County
Groups:
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Rainmaker
722,437
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Afternoon Roy

 

Thanks for the post and information. Have a great day

Jan 08, 2012 07:39 AM #1
Rainmaker
1,218,042
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Roy,  Good information and lovely flower, too.  Thanks for both.

Jan 08, 2012 07:49 AM #2
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks so much.  It is always good to hear from you.

Dahlias in Kentlands IMG_0182

 

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Jan 08, 2012 09:03 AM #3
Rainmaker
540,593
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Hello Roy...this is a great post that applies to almost everyone who has been affected by today's economy.  If you don't mind I'd like to re-post.  Thank you for sharing.

Jan 08, 2012 09:06 AM #4
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Sergio

You and others are welcome to re-blog any of my posts.

 

Dahlias in Kentlands IMG_0179

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

 

Jan 08, 2012 09:21 AM #5
Rainer
639,083
Carl Winters
Canyon Lake, TX

Roy: Very good advice for folks. A real Thought Provoker for folks for 2012.

Taken by Ceil Winters

Jan 08, 2012 09:28 AM #6
Rainmaker
2,497,566
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Roy, it is so important to keep watch on your credit scores. I do feel bad for sad for buyers/sellers who have had their scores impacted because of loss of job, house, etc.

Jan 08, 2012 09:30 AM #7
Rainmaker
2,535,671
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Good information on how to improve credit scores, Roy.  I had no idea the number was fifty million people, who had suffered lower scores in recent years.  But I'm certainly not surprised.

Jan 08, 2012 10:36 AM #8
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday evening to all.  I hope you have an outstanding week as we assist home buyers and sellers.

Dahlias in Kentlands IMG_0180

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Jan 08, 2012 10:52 AM #9
Rainmaker
611,091
Judith Parker
ProStead Realty - Charlotte, NC
CRS, GRI, CMRS, Charlotte, NC

Hi Roy, great article as well as great information.  Maintaining a healthy credit score is a must.  Thanks for sharing.

Jan 08, 2012 11:40 AM #10
Ambassador
1,470,825
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Roy - this is important info that you have shared with us. A good credit score is very important in today's loan world. (I came over from Sergio's reblog-don't know how I missed it).

Jan 09, 2012 12:51 AM #11
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks so much for stopping by.  Have a wonderful week.

Dahlias in Kentlands IMG_0034

 

Photograph by Roy Kelley.  Canon PowerShot G11 Camera.

Roy and Dolores Kelley Photographs

Jan 09, 2012 01:07 AM #12
Rainmaker
294,385
Marilyn Harrell
ReMax Riverhaven - Beaverton, MI
Wixom Lake - Beaverton MI

Thank you for the information. I will check it out. Credit scores are more important than many people realize. Even your auto insurance provider checks out your credit. But I also know, that when push comes to shove - I will pay my house payment and buy groceries first. I have to eat to live and I need a roof over my head. And the rest can wait........

Jan 09, 2012 07:08 AM #13
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Marilyn, for stopping by.  Yes, poor credit scores can be very costly for families.

Rose in Kentlands  IMG_0441

 

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Jan 09, 2012 10:47 AM #14
Rainmaker
5,374,946
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have rainy weather in Maryland. Have a great day and an outstanding week.

Aug 29, 2017 06:01 AM #15
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