Credit scores range between 200 and 850, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: Your payment history. Did you pay your credit card bills on time? Bankruptcy filing, liens, and collection activity also affect your history. How much you owe and where. If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, spreading debt among several accounts can help you avoid approaching the maximum on any individual credit line. The length of your credit history. In general, the longer an account has been open, the better. How much new credit you have. New credit—whether in the form of installment plans or new credit cards—is considered more risky, even if you pay down the debt promptly. The types of credit you use. Generally, it’s desirable to have more than one type of credit—such as installment loans, credit cards, and a mortgage. Reprinted from REALTOR Magazine
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6193 Bayard Drive, Noblesville 46062
Loaded with upgrades you don't get in a model home! 5 bed/2.5 bath + partially finished basement and loft on pond lot. Laminate hardwoods throughout main living spaces. All light fixtures upgraded. Moldings and wainscoting in dining room and two-story entry. Half bath with subway tiled walls. Main bedroom could be office/den. Breathtaking kitchen with granite and stainless appliances, including gas cooktop and double ovens, and walk-in pantry. Amazing master suite with walk-in closet and sitting room. All bedrooms oversized with walk-in closet. Great outdoor living including deck and fence. 3-car garage. Interior
Congrats to Michael and Cheryl on the sale of their Zionsville home and purchase of a new condo in Carmel - it was a pleasure working with you on both sides of the deal!
Tracking your budget and knowing where your money goes each month is important overall, but especially when you're looking to buy a home. REALTOR Magazine, offers a great budget-tracking worksheet to get you started.
You can find it here. 4624 Muscatine Way, Westfield, IN 46062
Just Listed in Westfield! Pristine ranch located in Andover Community. Beautiful 3BR/2BA home with hardwood floors, vaulted ceilings, and granite countertops. 3-car attached garage and breathtaking backyard with pergola and custom landscaping. Congrats to Larry and Abby on the purchase of their home in Carmel! It was a pleasure working with you!
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