Manhattan Renters — Tips for Reinforce Credit Score to Buy your Dream Home

Real estate is a long-term investment opportunity. To purchase investment real estate, that will secure your financial goals for the long term. Here are 3 major things you need to prepare before you start to search your next dream home.

1) You need to get your credit report from Experian, Equifax and Trans Union. If there are any errors on your credit report, either you follow the instruction on the report to fix it by yourself, or heir some credit report agent to fix it for you. Improve your credit or fix your credit in order to get loan interest rate as low as possible.

2) Pay your bill on time. You need to pay your entire bill on time, including credit card bill, rental bill, utility bill, etc, in order to build up your good credit score and to show the mortgage bank agent that you are a very reliable person.

3) Don’t close your credit card account. Closing your credit card account will low your credit score. Use your credit card as often as possible, but try not to leave too much debt. Too much debt also will low your credit score. Also the bank will not loan the money to you if your debt over certain percentage of your annual income.

Hope those tips will be useful for you. If you think you may not ready to buy your dream home now, hopefully one day you will think to purchase a home. So why don’t you start to build your credit score now.

Manhattan Real Estate Market is very unique. The entire purchase process is different than anywhere else in the world. If you are interesting to have a FREE consultation, if you have any question about sell real estate in Manhattan, contact me directly Diana Wu at 516-320-0231 (cell) or email me at diana.wu@elliman.com, I have the privilege and pleasure to work with The Voda Group at Prudential Douglas Elliman. The Voda Group has been the top, award winning sales team at Prudential Douglas Elliman since 2003. Our team’s hard working will help your real estate goal extremely successful.

To learn more about our custom-designed marketing plans, visit my website at:  http://www.elliman.com/real-estate-agent/diana-wu/4623 to receive a complimentary valuation of your home, or to discuss any real estate related topics, please contact us today.

Reaching out to others in the real estate community and sharing ideas is the goal of this blog, so please do not hesitate to reach out to me. All comments are welcome. Also, please feel free to email me at anytime at dianawu883@gmail.com

Other useful topical:
• What You Can Get For Your Money – The Neighborhoods of Manhattan
• 5 Tips for Purchasing Real Estate in Manhattan
• Manhattan Real Estate Glossary – Types of Rooms
• Renting vs. Owning
• Manhattan Real Estate – Now is the Best Time to Buy
• New York Homeowners: Sale your home at TOP Dollar
– Tips for Staged the home Appeal to the Buyer

• BUY Manhattan Apartment – perfect wedding gift
• New York, Manhattan Neighborhood – some mistakes the 1st time buyers will make

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