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Call Guthrie Group Homes, Real Estate at (925) 628-2436 | DRE #01117537Guthrie Group Homes, Real Estate - Keller Williams East County
Real Estate - Home » Credit Score

Articles about Your Credit Score Related to Real Estate Financing

Your Credit Score also known as a FICO score is extremely important to be able to acquire financing to purchase real estate.

These articles can help you understand more about your credit score and the steps to take to get a loan to purchase a home.

 

5 Roadblocks to Affordable Homeownership (and Ways to Move Past Them)

April 7, 2025 By Libby Guthrie Leave a Comment

5 Roadblocks to Affordable Homeownership

Dreaming of a new home but feeling priced out? You’re not alone! According to a recent survey by Bankrate, 78% of aspiring homebuyers cite affordability issues as their primary deterrent.1 According to data from the U.S. Census Bureau, home prices have risen around 32% since the pandemic, and elevated mortgage rates have caused monthly payments […]

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Filed Under: Home Buyers Tagged With: Credit Score, First-Time Home Buyers, Home Buyer Tips

The 2025 Real Estate Report

January 13, 2025 By Libby Guthrie Leave a Comment

Home Values are going up in 2025

Experts Predict Home Values to Increase 1.5% to 3.6% in 2025. Top housing experts and economists give a glimpse of what mortgage rates, home values and the national real estate market will do in 2025. Key Takeaways Mortgages are forecasted to remain higher for longer; but there are things you can do to lower your […]

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Filed Under: Real Estate Tagged With: Credit Score, First-Time Home Buyers, Home Buying Tips, Home Sale Prices, Home Seller Tips, Market Report, Real Estate Market

Top 4 Factors to Consider When Choosing Your Mortgage

August 12, 2024 By Libby Guthrie Leave a Comment

Top 4 Factors to Consider When Choosing Your Mortgage

With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don’t let that deter you: If other homebuyers’ experiences are any indication, odds are you’ll eventually find a home loan that works well for you. In fact, most U.S. homeowners say they’re satisfied with the […]

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Filed Under: Financing Tagged With: Credit, Credit Score, First-Time Home Buyers, Mortgage

A Competitive Credit Score Saves Big When Actually Buying a Home

October 19, 2021 By Ken Guthrie Leave a Comment

Your Credit Score is incredibly important when you plan to buy a house or refinance a home mortgage. Yet this is one of the most overlooked parts of a home buying plan. The challenge is to start well ahead of the actual purchase of a home so you can position yourself in the best possible […]

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Filed Under: Financing Tagged With: Credit, Credit Score, First-Time Home Buyers, Home Buyer Tips, Mortgage

Tips for Buying a Home Even When Your Credit Profile Isn’t Ideal

March 23, 2021 By Guest Leave a Comment

Tips for Buying a Home Even When Your Credit Profile Isn’t Ideal

Guest Post by Bob Shannon Photo from Pixabay When making large purchases that require a loan, building a good credit score is critical. Despite your best efforts, you may find that your credit profile isn’t ideal when it comes time to purchase a house. Many people find themselves in this situation, but there are things […]

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Filed Under: Financing Tagged With: Credit, Credit Score, Home Buyer Tips, Home Buying Tips

First-Time Home Buyer Tips

May 21, 2019 By Libby Guthrie Leave a Comment

I’ve put together 15 First-Time Home Buyer Tips for you to get started on your journey toward the American Dream of homeownership. These tips are a great way to get started, but they do not cover everything you need to know about buying your first home. Still, this should give you a good head start. […]

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Filed Under: Home Buyers Tagged With: Credit Score, First-Time Home Buyers, Mortgage

5 Little Known Hacks to Boost Your Credit Score

April 17, 2018 By Ken Guthrie Leave a Comment

5 Little Known Hacks to Boost Your Credit Score

BEFORE You Buy A Home! *  Please read our disclosures at the end of the article. You probably know by now that your credit score is critical to not only be able to qualify for a mortgage but also to get the best rate on your loan. So before you go house hunting, let’s get […]

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Filed Under: Home Buyers Tagged With: Credit, Credit Cards, Credit Score

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

Planning to Buy a Home in 2026? Let's Get Your Fin Planning to Buy a Home in 2026? Let's Get Your Finances Ready!⁣
Starting your financial prep now gives you a huge advantage in the home buying process. Here's your 12-month timeline to get mortgage-ready:⁣
⁣
12 months out: ✅ Start saving for your down payment (aim for 10-20% of your target home price) ✅ Check your credit report and dispute any errors⁣
⁣
6-9 months out: ✅ Pay down existing debt to improve your debt-to-income ratio ✅ Avoid opening new credit accounts ✅ Build up your emergency fund (3-6 months of expenses)⁣
⁣
3-6 months out: ✅ Research lenders and mortgage options ✅ Gather financial documents (pay stubs, tax returns, bank statements)⁣
⁣
1-3 months out: ✅ Get pre-approved for your mortgage ✅ Start house hunting with confidence!⁣
⁣
💡 Pro tip: Don't just save for the down payment! Remember to budget for closing costs (typically 2-5% of the home price), moving expenses, and immediate home needs.⁣
⁣
The key is consistency. Even setting aside $200-500 monthly can make a significant difference by 2026. Your future self will thank you for starting early!⁣
⁣
Call, text, or email us if you have questions about getting your finances in order.⁣
⁣
Libby Guthrie, REALTOR® 🏡⁣
Cell: 865-364-0200⁣
Keller Williams 865-966-5005⁣
GGHKnoxville.com⁣
Libby@GuthrieGroupHomes.com⁣
⁣
⁣
#RealEstate #HomeBuying #FirstTimeHomeBuyer #MortgageTips #FinancialPlanning #HomeBuyingTips #RealEstateAgent #PropertySearch #DreamHome #HomeOwnership
𝗛𝗼𝗹𝗶𝗱𝗮𝘆 𝗛𝗼𝗺𝗲 𝗦𝗲𝗹𝗹𝗶𝗻𝗴: 𝗧𝗵𝗲 𝗥𝗲𝗮𝗹 𝗦𝗰𝗼𝗼𝗽 🏠✨⁣ ⁣ Thinkin 𝗛𝗼𝗹𝗶𝗱𝗮𝘆 𝗛𝗼𝗺𝗲 𝗦𝗲𝗹𝗹𝗶𝗻𝗴: 𝗧𝗵𝗲 𝗥𝗲𝗮𝗹 𝗦𝗰𝗼𝗼𝗽 🏠✨⁣
⁣
Thinking about listing your home during the holidays? Here's what you need to know:⁣
⁣
THE PROS: ⁣
• Buyers are typically more serious and motivated⁣
• Less competition from other sellers ⁣
• Homes show beautifully with festive decorations ⁣
• Corporate relocations often happen in January (buyers need to move fast!)⁣
⁣
THE CONS: ⁣
• Generally fewer buyers browsing the market ⁣
• Holiday schedules can make showings tricky ⁣
• Weather challenges in some areas ⁣
• People are focused on holiday spending⁣
⁣
💡 Key Insight: While you might see less overall activity, the buyers who ARE looking tend to be ready to make decisions quickly. Quality over quantity!⁣
⁣
The holiday market isn't right for everyone, but it can work beautifully for sellers who price strategically and are flexible with showings.⁣
⁣
Every situation is unique, and market conditions vary by location. What works in your area might surprise you!⁣
⁣
Call, text, or email us if you have questions about whether holiday selling makes sense for your situation.⁣
⁣
Libby Guthrie, REALTOR® 🏡⁣
Cell: 865-364-0200⁣
Keller Williams 865-966-5005⁣
GGHKnoxville.com⁣
Libby@GuthrieGroupHomes.com⁣
⁣
⁣
#RealEstate #HolidaySelling #HomeSelling #RealEstateAgent #PropertySales #HolidayMarket #HomeSellers #RealEstateTips #YourLocalRealtor #HouseHunting
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Hours & Info – Guthrie Group Homes, Real Estate

Location
191 Sand Creek Rd #100,
Brentwood, CA 94513

Contact Us
info@guthriegrouphomes.com
Office: (925) 628-2436

Broker:
Keller Williams East County

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