HOW MUCH DO YOU KNOW ABOUT CREDIT SCORE
While your credit score affects everything from your ability to buy a car or a home to how much interest you will pay on the loan, many people don't know how these scores are calculated or what inpacts them positively or negatively.
Moreover, says Credit Federal of America more than 25 percent of respondents in a recent survey did not know that a low credit score could increase the cost of a car loan by $5,000. More than half didn't realize that utility companies, cellphone companies and even insurers sometimes check credit scores before issuing services - or that multiple inquiries in a short time, as when you are shopping for a loan are treated as one inquiry in order to minimized the impact on your score.
Here is more information about credit scores that every consumer should know. . . . . .
All credit scores are not the same. Most people assume their credit score is a single three digit number, but each of the three major credit bureaus scores you differently, since they don't necessarily have the exact same data in their files.
Closing off a bad debt will not erase it from your score. Closing old or inactive accounts may inadvertently lower your credit score because now your credit history appears shorter. If you want to simplify, close newer credit accounts first, or put the cards away so you don't use them, but your credit history stays intact.
Paying off a bad debt will not erase it from your score. Once a debt goes to collection, or you've established a history of late payments, you will deal with the consequences even if you pay off what you owe. It will show as paid, but it is not erased. Also, while your score will get a boost if you pay off an old debt, it may not be by as much as you think. The best way to increase your scores and keep them high is to make payments on time every month over the long haul.
Co-signing for a loan ipacts your scores. When you co-sign for someone else's loan, you are responsible for the debt - and if the person you co-signed for does not pay, your credit score will be impacted.
THE IMPORTANCE OF A HOME SAFETY CHECK BEFORE SELLING !
The prospect of a profitble sale can push real estate agents and individual homeowners alike to list a home before it's truly ready to hit the market. However, due to the breach of duty regulations, a real estate agent can be at risk of a lawsuit if a homebuyer finds problems with the house that were not disclosed during negotitions. That's why it is important to perfotm a thorough safety check before listing a home for sale. Home safety includes all of the grounds, so this guide will cover everything from in-home to out of home safety.
LAWN, LANDSCAPE AND POOL SAFETY
Pools are far and away from the most dangerous part of a residential home with one child under 14 a day drowning on the average. There are several steps a homeowner should take before listing a home with a pool for sale:
Install VGB-compliant drain covers
Properly store hazardous pool chemicals away from the pool site
Ensure the pool is covered with an adequate safety cover
Nearly every Americabn surburban home has a lawn, but most people aren't aware of the potential hazards. Here are some actionable steps to take before listing.
Remove pet feces and sharp items like rocks or glass from the yard
Check for poisonous/hardful plants like poison ivy and remove if present
Properly store weed killers ewith hazardous chemicals away from the lawn.
The average momentary value of property damage from a fire was $16,610 in 2016, according to data collected by the Nation Fire Protection Assoc. If the homeowner is accused of negligence, they will have to pay for all damages.
Before listing the home fot sale, check for damaged plugs and appliances, overload outlets and multiple extensions cords. All three of these are risk factors for a home fire. Additional, you'll want to ensure that outdoor cooking appliances like grills are at a safe distance from the home.
It shouldn't be surprise that the kitchen is one of the most hazardous areas of the home, since it has the most electrical and gas appliances. One crucial but often overlooked safety features of a kitchen is a working fire extinguisher. By purchasing one and leaving it in the kitchen, you will be preventing any negligence lawsuits pertaining to a grease or electrical fire.
In a recent meeting with Industry experts - We are in uncharted territory . . . . so be prepared for anything !
From a satisfied client . . . . .
Thank you very much ! It was a plesure working with you. You are the consummate real estate professional.
In case you did not know, I also do Property Management. But only in the Greater Kirkland area. If you are interested in knowing more about this service, please give me a call.
I am so very pleased to introduce the new members of my Team . . . .
Janessa and Sharon and Becky
AMERICAN FAMILY INSURANCE
1320 Market St Suite "B"
Kirkland, Wa 98033
HERE IS WHERE THE INVENTORY HAS DISAPPEARED . . . . . .
For East of Market St. Closed Sales 7/1/2017 thru
12/31/2017 Click here
For West of Market St. Closed Sales 7/1/2017 thru 12/31/2017 Click here