Wednesday, August 20, 2008

The Most Important Number of Your Life

Home prices are down, there's tons of houses to choose from, and people are have life-changing events (marriage, job transfers, etc) that puts them in the marketplace to buy a home.

But many home buyers are quickly realizing that shopping for a home doesn't just mean finding that pretty colonial that you've always dreamed about... it means finding a mortgage lender that will lend them a hefty sum of money. Perhaps the single most important piece of information a lender wants to know about a prospective home buyer is his/her credit score, which the lender will use to gauge how risky it would be to lend that person money.

Sadly, not too many Americans can cite what their credit score is and what they need to do to fix it. ForSaleByOwner.com has just partnered with Credit.com to help people learn how to strengthen their credit score. This great service can be found by clicking here. Finding out your credit score is an essential first step for any prospective home buyer.

1 comments:

Floor Sanding in MA said...

I agree and certainly appreciate the link you posted! Thanks!