If you want to buy a house, but have a low credit score, it’s helpful to know what you could do to improve it. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that there are some factors that will impact your score more than others. Knowing what matters most can point you towards quick fixes or tell you where to focus your energy. Some people may have perfect payment history but have maxed out their cards and thus the credit score is suffering. Those are the scores that are easy to fix; once the balances are paid down the scores pop up quickly. Credit utilization could be your biggest negative, and paying down that balance could give your score the boost it needs. Check out below to see what sold in Meadowbrook Glens in February 2020:
24248 Hampton Hill Street, Novi: 3 bedrooms, 1.1 bathrooms, 1,640 sq. feet, 2 car garage, Sold Price: $265,000
Meadowbrook Glens Home Sold
Lenders want to see how you handle owing money, so if you’ve always paid cash for your purchases, that could lead to a low score. It may sound strange, but you might have to open a credit card, charge expenses, and then pay them off to help your credit standing. For more information on Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Village Oaks, Simmons Orchard and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or email@example.com.