In & Around Kirkwood - Atlanta, GA

head_left_image

Thinking of Buying a Home? Check Your Credit Score and Get a FREE Credit Report

Buying a home in Georgia - Review your Credit Reports and ScoresFirst time home buyers in Atlanta Georgia

There are some fantastic interest rates right now, but in order to take advantage of them and get the lowest rate possible, I highly recommend that you take the following steps to ensure that your credit report is accurate and that you understand your credit score at each of the credit reporting bureaus.

Here are a few tips to get started...

First and foremost, start EARLY

1)  Order your credit reports:   By law, Georgia residents are allowed a FREE credit report from each of the three bureaus (Experian, Equifax, Transunion) every 12 months.  You can contact each one directly OR you can visit:

ANNUALCREDITREPORT.com

** Please note that the "Annual Credit Report"  website above is the official, government-sanctioned site to help consumers obtain their free credit report and does NOT cost anything or require you to sign up for an annual subscription.

2)  Review ALL THREE of your credit reports to ensure that there are no discrepancies.  If there are errors, usually the credit bureaus can resolve in 30 to 60 days. Ideally, you should have the issues resolved BEFORE applying for a loan.

3)  Get your credit SCORE from at least one of the bureaus (preferably Experian or Equifax) to see where you stand.  Usually you have to pay a small fee to retrieve your score, but according to Clark Howard, Consumer Reporter for Channel 2 Action News & AM750, there are several ways that you can get it for free.

Visit Clark Howard's web site for details on your free Credit Score

After you are armed with your credit score and history, you will know where you stand and can have an informed discussion with a mortage broker or loan officer. 

** Please don't have a loan officer pull your credit UNITL you have checked your credit reports.  Multiple inquiries (from lenders, insurance companies, etc) on your credit can actually lower your credit score.  When you are ready to get pre-approved for a mortgage, the credit bureaus do give you a break when shopping for a mortgage -- usually you can have multiple inquiries during a 3 week period and it won't impact your credit score, but please confirm with your loan officer or mortgage broker.

 

************************************************************

 Thanks for stopping by our Intown Atlanta Real Estate Blog!

Posted by:  Kerry Lucasse - Atlanta GA Real Estate Agent - Nest Atlanta Team
The Nest Atlanta Real Estate Group is part of Ian Marshall Realty, specializing in Intown Atlanta real estate including Grant Park, Kirkwood, Oakhurst, and East Atlanta neighborhoods.

CALL ANYTIME -  404.432.1844

or start your Atlanta home search today at...

Nest Atlanta Realty Group


Posted by:
  
Kerry Lucasse  ::  eXp Realty ::  Nest Atlanta Real Estate Group

Call anytime @ 404.432.1844

Atlanta home search   Nest Atlanta Realty Nest Atlanta on Youtube  Kerry Lucasse, Atlanta Real Estate Agent   Atlanta realtor testimonials   The Nest Atlanta Realty Group on Pinterest

 

Nest Atlanta Group with EXP Realty International 

  

Real Estate News & Local Events

In & Around Atlanta Real Estate Blog - Copyright 2006 - 2014 by Kerry Lucasse and the Nest Atlanta team with eXp Realty Atlanta.  All information contained in this blog is deemed to be reliable but not guaranteed.   If you need assistance with Intown Atlanta real estate, Kerry Lucasse and the Nest Atlanta Real Estate Group are always available to assist you with your residential real estate needs!

eXp Realty :: 508 Flat Shoals Ave ::  Atlanta, GA 30316  :: 770-361-7068

Find Kerry Lucasse and Nest Atlanta on Google+

Comment balloon 1 commentKerry Lucasse • July 06 2010 11:36AM
Thinking of Buying a Home? Check Your Credit Score and Get a FREE…
share
Buying a home in Georgia - Review your Credit Reports and Scores There are some fantastic interest rates right now, but in order to take advantage of them and get the lowest rate possible, I highly recommend that you take the following steps… more
I Want To Be My Real Estate Agents Best Friend!
share
This article, written by Carra Riley, is a "must read" for home sellers… I Want To Be My Real Estate Agents Best Friend! Being a serious seller takes participation on the real estate agents team. If you… more