Also, reading up on how to fix your credit (google) or Kevin Trudeau Debt Cures and other books on how to fix your credit is good. In many cases, the companies that fix credit either change it for a short period of time only, to get an approval (which does not cost them much at all), after which the credit gets worse again, or they don't do anything, after getting your money.
CDPE - Certified Distressed Property Expert
Beachfront Realty, Inc.
Diane Mason, Realtor?Broker NC/SC
I know I have a great mortgage lender that can help you thorugh the process fo fixing or repairing yoru credit...And the best part is it will not cost you any money to do so. DO NOT PAY for a credit repair program. You can do everything they can do and more.
Feel free to give me a call at 704-519-7895 or e-mail me back at firstname.lastname@example.org and I will be happy to go over what you can do to help get your score up.
There is nothing a credit repair company can do that you canâ€™t. Most Mortgage Companies and Good Real Estate
Agents can help guide you to the shortest path to a higher score, but there are things other
thanYour score to get you a loan.
You donâ€™t let the pitcher from the other team call the balls and strikesâ€™. You need to get a good buyers agent.
It sounds like you aren't too far away if it's just 50 points. I think I would speak to a Mortgage Broker and go over your credit and see what they recommend. A 1,000 is a lot and then you are stuck with Buying Eastwood to get the credit back to your purchase. I have sold Eastwood so there is nothing wrong with them as a Builder but if you just started the process then you might not have found "the" house yet.
I do agree that you should interview for a Buyer's Agent. The Seller pays the Buyer's Agents commission but you would have aomeone representing your best intrest.
I have would loveto be amongst the Agents you interview.
Do you understand what is "out of order"? Depending on how complex your circumstances are; as mentioned earlier, you could correct things on your own.
Secondly, the $1000 goes toward the home purchase IF you get your score up (there is normally a timeline on this) so if you don't do it or do it in the alotted time you lose your money. Plus with the free help of your buyer agent you can use that $1000the to help get your credit score where it needs to be.
My husband had to do a lot to fix his credit years ago when we bought our first home. It took us about 6 months to get his score up so I know first hand that it can be done without the cost of a the credit repair company.
Erika Marsh Pitman
Keller Williams Realty
You also want to shop around for the best mortgage. Homeland Financial Group may not offer you the best rate and terms & just because they initially denied you doesn't mean there are other lenders that won't approve you. I know lenders that say YES when others say no, so if you'd like my recommendation please call me directly.
Don't go at it alone or deal directly to the builder. Allow a buyer agent like myself guide you in the right direction.
Belinda Agosto, CDPE, CIAS
Hines & Associates Realty LLC
19615 15-B Liverpool Parkway
Cornelius, NC 28031
You do have other options. There are a lot of lenders that will look at your credit and tell you what steps to take to increase your scores. Between a lender and a buyer's agent you can usually do the credit work and get your score up without any out of pocket cost to you.
In more serious cases where major credit repair is needed, a specific credit repair company may be a good move, but you might want to try to free route through a lender first.
Let me know if you need any recommendations.
Allen Tate Realtors