5 Secrets to Boosting Credit Score to Buy Birdland Pleasanton CA Homes

Buying a new house is one of the major decisions you will make in your life. But before purchasing anything, there are many things that you should first organize, one of which is your finances.

Assessing your finances involves understanding the status of your credit. Boosting your credit score allows you to have a greater chance of getting approved for a home loan with lower interest rates when buying one of the homes for sale in Birdland Pleasanton CA. Check out this list of Realtor® secrets on how to achieve a good credit score:

1. Monitor your credit card balances. Maintain a small percentage of your available revolving credit. A maximum of 30% of your available credit is recommended by experts to have a good credit score.

One of the important factors in credit scores is the payment history, so you might want to consider having multiple credit payments in one billing cycle instead of paying your balances in full at the end of each cycle. Keep in mind that every small bill counts.

2. Old debts can make your credit report look good. Previously paid debts, which were managed successfully and paid within the agreed term, increase your credit score. A long history of good debts on your credit report can take you one step closer to purchasing a house for sale in Birdland Pleasanton CA or other Pleasanton neighborhoods.

3. Make sure all payments are made on time all the time. Late and unpaid bills lower your credit score. Paying off your debt will also decrease the total balance you owe and the interest you have to pay. If you are having a hard time remembering the due dates of your bills, consider using automated payments to avoid overdue balances and late payment fees.

4. Newer cards can be consolidated to old cards. The point of doing this is to boost the duration of your revolving credit without decreasing your credit limit. This option is usually considered by banks for clients who own multiple cards from the same issuer. Often you can confirm if the issuer offers this kind of service by calling their customer support. Do some research first to make sure this is the right choice for your credit situation.

5. Avoid any big changes to your credit. If you are planning to purchase a Birdland CA home for sale soon, do not make big purchases on credit, such as a brand new car or an expensive vacation or a new state-of-the-art gadget.

Banks are not particularly fond of any sudden changes to a person’s finances right before they approve a loan. Hold off on any big ticket items until after you’ve gotten your loan and the home you want and your new home purchase has recorded with the county.

Buying a home can be a pleasant experience if you position yourself correctly. By simply following these Realtor® secrets to boosting your credit score before buying a home, you’ll soon be living in your dream home with a mortgage you can actually afford. Get more helpful advice on buying and selling homes when you visit http://RhondaFee.com.

If you are looking for a Pleasanton CA REALTOR® who can help you sell or buy your dream luxury

home, call me, Rhonda Fee, at 925-200-0827. You can also text 925-660-7110 with any of these codes: seller411, buyer411 or homesearch. With my extensive experience and knowledge of the Pleasanton luxury real estate market, combined with a track record of satisfied clients, your next transaction will be the best move you’ve ever made!