What people are saying about Gary McNinch and his Renton Home Finder Team
How To Improve Your FICO Score
The U.S. housing market recovery is underway. New home sales are at a multi-year high, housing starts are at pre-recession levels, and home builders plan for a strong 2013.
Since late-2011, falling mortgage rates have boosted buyer purchasing power. Now, today, in many U.S. markets, the number of active home buyers outnumbers the number of active home sellers. It's among the reasons why home supplies remain scarce and why home prices are rising.
Roughly 20 percent of today's home buyers purchase homes with cash. For everyone else, the ability to gain mortgage approval depends on income, assets, and, most importantly, credit scores. Your credit score is a predictor of your future payment performance and lenders pay close attention.
If you plan to buy a home in Kent or anywhere else in the next 12 months, spend some time with this The Today Show interview. It's five minutes of practical credit scoring advice, including separation of credit score myth from credit score fact.
Among the credit scoring tips shared :
How to get your credit checked without harming your credit score
The value of using automatic payments with credit cards
How to use "old" credit cards to boost your credit score
You'll also learn about utility companies and why you should never be late with payment.
As compared to August 2011, last month's average, mortgage-financing home buyer's FICO score improved 9 points to 750. The average "denied" mortgage applicant's FICO score was 704. Clearly, standards are high. However, credit scoring is a system and, with time, you can improve your rating.
Watch the interview and find ways to make your credit score better. With better credit comes better mortgage rates.
About Gary McNinch's Renton, WA Real Estate Website: The www.rentonhomefinder.com web site provides Downtown Renton, Renton Highlands, Kennydale, Newcastle, Talbot Hill, Cascade, Kent, Skyway and Fairwood, Washington real estate information and resources to guide homeowners, homebuyers and real estate investors through the process of selling and buying a house, condo or other realty property in the Renton area. Gary McNinch Garie, Garry, McNich, McNitch, or McInch has services to help you get the best value for your Renton home and this website offers home buyers and home sellers a superior comparative market analysis (CMA), a way to view real estate and MLS IDX listings including virtual tours, prepare your home for sale, and more. Investors looking for real estate investment properties to invest in need look no farther. Anyone selling a home, buying a home or seeking housing can learn more about our realty services, and will appreciate working with a Renton REALTOR who knows the area so well. Through trusted partners, we also provide real estate and financial services to consumers looking for houses for sale or selling their home in Renton, WA, such as mortgages, credit history, new homes, foreclosures and other services. If you've already tried to go the for sale by owner (FSBO) route and find you are needing a partner who you can trust in the sale of your most precious asset, Gary McNinch can take care of your special needs. It really doesn't matter if you spell it REALTOR, Realator or Realter, realty, realety or reality, real estate or realestate, Gary speaks your language.
