The Truth About Credit Scores and Buying a Home

Your credit score plays a big role in the homebuying process.

Your credit score plays a big role in the homebuying process.
If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify.
If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
I had a conversation with a colleague this week about using lock boxes. She hadn’t been able to convince her seller that using a lock box was advantageous and whether having a lockbox on her door was even necessary to sell her home. Those of you that don’t know, a lockbox is an apparatus that…
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported…
Let’s face it — buying a home can feel like a challenge with today’s mortgage rates.
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t…