If you are buying a home, can the seller ask for your credit score? You are typically not required to give credit scores to the seller. A pre-approval letter should be sufficient (not the same as a pre-qualification letter). Anyone can ask you for anything. It is up to you if you want to provide it. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that giving someone your credit score gives no real information about who you are. It gives an indication that the higher the score, the better your credit. But a high credit score really doesn’t tell the entire picture of someones credit history. We see no problem with providing this information, but would certainly refuse to give the seller your entire credit report. Check out below to see what sold in Meadowbrook Glens in November 2015:
42028 Loganberry Ridge, Novi: 4 bedrooms, 2 bathrooms, 1,606 sq. feet, 2 car garage, Sold Price: $159,900
24525 Queenspointe Drive, Novi: 3 bedrooms, 1.1 bathrooms, 1,639 sq. feet, 2 car garage, Sold Price: $205,000
42447 Park Ridge, Novi: 3 bedrooms, 1.1 bathrooms, 1,639 sq. feet, 2 car garage, Sold Price: $215,000
Sellers can ask for anything that they like, but you don’t have to give it to them, especially privileged info such as your credit score. Your preapproval letter should suffice. For more information on Meadowbrook Glens or similar Northville or Novi neighborhoods such as Simmons Orchard, Village Oaks and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.