Once you’ve decided its time to buy a house and you’ve saved your down payment, selected the perfect real estate agent, and figured out exactly what city or neighborhood you want to call home, there might be one very important factor you’ve forgotten about, and it can affect not only your viability as a buyer, but also your spending power, interest rates, and attractiveness to both sellers and mortgage lenders: Your credit rating. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that according to credit reporting agencies, a credit score, also known as a FICO score, of 700 and above is considered “good.” Anything in the 800 range is considered “excellent.” The average score for most consumers falls between 680 and 750. Check out below to see what’s for sale in Bellagio in June 2020:
47525 Capri Court, Novi: 4 bedrooms, 4.2 bathrooms, 4,676 sq. feet, 4 car garage, Home For Sale: $1,699,900
Bellagio Home For Sale
Credit scores can impact many areas of your life. They not only show lenders your ability to pay your bills on time, but also how much debt you have and how much additional debt you can potentially carry. A good credit rating can smooth the way to a relatively painless loan approval, while a bad rating can make it difficult to get a loan at all. For more information on Bellagio, or similar Northville or Novi neighborhoods such as Turnberry Estates, Stonewater and Maybury Park Estates, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.