How does a Realtor® prepare a client to get the best FICO credit scores? – Episode #51
Tips for Realtors to work with their clients to help them get their credit in the best shape for when they buy a home. In this episode I show how my own FICO credit score jumped by over 30 points in just a few short months.
As sales cycles are starting to move out to 30-90 days in many markets, Realtors now have ample time to help their clients get their credit scores in top shape. The key is having them pull their scores as early as possible, so there is time to dispute errors or change their behavior to get higher scores.
How Do I Get an Apartment with a Bad Credit Score Caused by a Foreclosure? – Episode #50
August 6, 2008 by awjolls
Filed under Episodes, Foreclosure
A foreclosure can have a significant impact on your credit score. Plus, you need a place to live after a foreclosure. So how do you get an apartment afterwards?
Apply similar thinking to a secured credit card where you deposit funds to gain credit. Landlords are trying to avoid risk, and you look risky if you’ve had a foreclosure. Offering more money in a deposit or upfront rent may help close the deal.
- Offer the landlord a larger security deposit
- Offer to pay 2-3 months rent up front
Please don’t offer things to sway them from performing a credit check. Be authentic, tell them of your situation and make a good faith offer that protects their risk. Lying will only back to haunt you later.
Learn more about Apartments and Credit Scores.
