How Good Does My Credit Need to Be to Buy a House?

What It Takes to Secure the Best Mortgage

Unless you are one of those people who may be fortunate enough to be able to buy a home in cash, you’re going to need a mortgage loan. And in order to get a mortgage loan, you need credit. But not just any credit – you need good credit.

So just how good does one’s credit rating have to be in order to secure a mortgage that won’t lead to problems down the road? Before you go out seeking mortgage lenders, you should know just how good your credit is going to need to be before you can get a mortgage loan to buy a house. Read on for details!

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See Past the Staging—What to Really Look For When Buying a House

When Buying Real Estate, Seeing Is Rarely Believing

With home values dropping in the market, sellers are doing everything they can to spruce up their properties to woo potential buyers and hike up asking prices – including paying up to $100,000 or more for home staging services. Beneath all the visual glamor, however, shoddy work can show itself if you know how to look – and hear, smell, touch, and taste.

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