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    (315) 536 7456

Ashley W's blog

5 Factors That Determine Your Credit Score

Your credit score will be a deciding factor in whether or not you qualify for a home mortgage and what interest rate you will pay on your loan.

Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:

1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.

2. How much you owe. If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it’s a good thing if you have a good proportion of balances to total credit limits.

8 Tips to Guide Your Home Search

1. Research before you look. Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing.

2. Be realistic. It’s OK to be picky, but don’t be unrealistic with your expectations. There’s no such thing as a perfect home. Use your list of priorities as a guide to evaluate each property.

3. Get your finances in order. Review your credit report and be sure you have enough money to cover your down payment and closing costs. Then, talk to a lender and get prequalified for a mortgage. This will save you the heartache later of falling in love with a house you can’t afford.

CENTURY 21 REAL ESTATE SWEEPS J.D. POWER HOME BUYER/SELLER SATISFACTION STUDY FOR SECOND STRAIGHT YEAR!

We are so proud to announce that CENTURY 21 Real Estate swept the annual J.D. Power 2015 Home Buyer/Seller Satisfaction Study awards for the second year in a row by receiving the highest ranking among national real estate firms across all four customer satisfaction segments in the study, including: First-Time Home-Buyer Satisfaction, Repeat Home-Buyer Satisfaction, First-Time Home-Seller Satisfaction and Repeat Home-Seller Satisfaction.

"This recognition demonstrates that consistency of service is in the DNA of our affiliated broker and sales associate network and it is a key differentiator when working with a CENTURY 21® professional," said Rick Davidson, president and chief executive officer of Century 21 Real Estate LLC. "As a leading global franchisor, we are not only selective about the independent companies and sales professionals who affiliate with us but we also emphasize the importance of building trusted bonds with consumers who visit a CENTURY 21 Office online or in person. Our focus is on depth, not breadth, when it comes to growing our iconic brand throughout the global marketplace."