Buying a house is a big step, especially if it’s your first home. A home is an investment, and there are many factors that go into the purchase of that home. The best real estate agents in Colorado Springs know that it is important to do your research before you begin looking at houses for sale in the Colorado Springs area. The Platinum Group, REALTORS have a few tips you should consider if you are thinking about buying your first home in Colorado Springs.
1- Know Your Credit Score
Your credit score is one of the most important factors when it comes to qualifying for a home loan. When checking your score, it is important to look over the report for any mistakes, unpaid accounts or collection accounts, as these all affect the score. In addition, it is important to note that just because you pay everything on time every month, it doesn’t mean you are going to have a good score. There are many things that go into determining your credit score and it is important to know where you stand. If you have a poor score, repairing it will take time, so start at least six months before shopping for a home.