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Displaying blog entries 211-220 of 237

5 Smart Home Products

by Scott Darling

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

Good News About Our Real Estate Market!

by Scott Darling

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

Protect Your Personal Information On the Web

by Scott Darling

internet

Quick Fixes for Common Bathroom Plumbing Problems

by Scott Darling

chester county pa real estate

State Of America's Housing Market - April 2012

by Scott Darling

housing report 1

housing report2

Tax Benefits Of Homeownership

by Scott Darling

tax benefits

Homeownership Still The Goal

by Scott Darling

homeownership

Tips to Improve Your Score

by Scott Darling

Your credit score is a number that helps lenders predict how likely you are to make your payments on time. This score affects your ability to obtain credit and helps determine what you pay for credit cards, auto loans, and mortgages on Chester County PA homes. Even your insurance rate is related to your score. The higher your score, often referred to as a FICO score, the more apt you are to be approved for and pay a lower interest rate on new loans. Scores ranging from 650 and below are considered bad and indicate to the lender that you are a very high risk. Chances are you will be unable to secure a loan, or if you are, it will be at a much higher interest rate and/or require a cosigner.

What If there Are Errors

What to do if you have a low score and do not qualify for a mortgage on a Chester County PA home? Your first action should be to check your credit report for errors. If you find erroneous information, you need to act immediately by contacting both the credit bureau (the three major ones are Equifax, Experian, and Transunion) and the organization that provided that information.

  • The credit bureau/agency: Send a certified, return receipt requested letter to the bureau pointing out each inaccuracy and enclose copies of documents which support your claim as well as the report itself (with the misinformation highlighted). Factually explain why you dispute each item and request a deletion or correction for each one.
  • The creditor or information provider: Send the same type of letter and enclose the same documents. Request that the provider notify you of action taken (generally within 90 days) so that you can verify the amended information.

If there are no errors on your report, then you should take immediate steps to improve your credit. Ways to do this include the following:

  • Stop using your credit cards. Do not continue to accumulate debt.
  • Get current on delinquent accounts. Since payment history makes up 35% of your score, this action will have a great impact on your score.
  • Keep accounts with balances open, but don’t apply for more credit.
  • Call your creditors. Explain your financial situation and ask about possible hardship programs which will temporarily reduce your monthly payments.
  • Begin paying off your existing debts, even if you have to sell some belongings to do so. Come up with a get-out-of-debt plan and stick to it.
  • Get professional help. There are resources available to help you reestablish a good credit rating. Contact the National Foundation for Credit Counseling for assistance.
  • Be patient. Realize that improving your credit score takes time and that there is no quick-fix --and keep in mind your goal of owning a Chester County PA home.

Chester County PA Real Estate Exterior Maintenance Checklist

by Scott Darling

The end of summer brings an opportunity for a new home maintenance to-do list. Of particular importance at this time is the checking of the exterior of your Chester County PA real estate while good weather permits close inspection.

One practical suggestion from All Surface Clean Company is that it is wise to begin your inspection from the top of your piece of your house and work your way down to ground level, gravity being what it is. Thus, to avoid the need for re-cleaning, remember to start at the roof and gutters, proceed to windows, siding, decks, and fences; then go on to the pavement/driveway of your Chester County PA real estate.

1. ROOFS AND GUTTERS:

Strong winter winds may well have loosened a shingle or two on your roof, and they certainly have deposited unwanted leaves, twigs, etc., in the gutters. Here is expert advice on how to properly clean out that residue and inspect your roof like a professional.

2. EXTERIOR MATERIALS:

No matter the type of material used on the outside of your Chester County PA real estate, you want to check it carefully to preserve the integrity of the house.

  • Vinyl siding: Look for loose or missing siding, cracks, or breakage; deterioration or fading; mold/mildew; and punctures. It is generally best to replace any damaged piece.
  • Brick: Cracked mortar and/or crumbling or cracked bricks are what you’re looking for.
  • Stucco: Cracks, crumbling, and water damage are three problems for which you’ll want to check.
  • Wood: Be on the lookout for signs of rot, peeling/blistering paint, mold, and termite damage.  While some of these conditions may be minor and can be fixed by you, other more serious problems may require the assistance of a professional

*Note: If you are considering power washing the exterior of your Chester County PA real estate, consult the above-mentioned website for tips on doing that job.

3. WINDOWS:

Make sure your windows (and doors) are tightly sealed to prevent air leakage. Also repair/replace caulk and weather stripping and repaint trim as needed.

4. DECKS:

Secure loose nails/fasteners. If replacing them, use galvanized or stainless steel deck screws. Reinforce loose stairs and railings and check to make certain that the deck has not pulled away from your house. Clean the deck with a biodegradable detergent and a brush to remove debris and stains and apply a preservative if needed.

5. FENCES:

Ascertain that posts are firmly implanted and that no wood is showing signs of rot or termites. Think about treating fence wood with a fresh coat of preservative.

6. DRIVEWAYS AND PAVEMENT:

Check for cracks, crumbling, and erosion and remove moss and debris. Here are excellent tips for cleaning the driveway of your Chester County PA real estate, be it concrete, asphalt, brick, or pavers.

Want New Windows and Doors For Your Chester County PA Real Estate?

  


For the latest Chester County PA real estate market conditions in your neighborhood, please call me at 610-564-SCOT or visit
ChesterCountyHomeSource.com.

Displaying blog entries 211-220 of 237

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