Buying a Home in Salt Lake City, UT

head_left_image

Your Credit Might Not Be As Bad As You Think

Many buyers in the Salt Lake City, Utah area have been unsure of their standing in the credit department. This has led them to agree to pay a higher interest rate, convinced that they should, when in reality, their credit may not have been low enough to merit the higher rate. 

Those who believe their credit score is excellent are often correct.

Many who are unsure are often surprised to find out that their credit actually is still great or excellent.

Some don't understand how scores are calculated or they may have had a late payment or two a while back. This usually isn't enough to drive your score low enough to merit a higher interest rate.

Others find they have errors on their credit history that are causing them to have a lower score than they expected. Many of those errors can be easily cleared up or even eliminated with supporting documentation. We have had clients who have cleared up their credit and qualified for a loan in less than 30 days.

A trustworthy mortgage professional can help you review and prepare your credit file in advance. As your Exclusive Buyers Agent, we can help point you in the right direction and let you know if we think you are paying too much for your loan.

Homebuyer Representation, Inc. is a Real Estate Brokerage that services Salt Lake City, Utah and surrounding areas. Agents are Exclusive Buyer Agents (EBAs) and represent BUYERS ONLY. For Free Reports or a Free Consultation, contact Homebuyer Representation at (801) 969-8989 or click the highlighted links in this post.

©2007 Homebuyer Representation, Inc.

Comment balloon 1 commentBenjamin Clark • May 14 2007 12:00PM
Your Credit Might Not Be As Bad As You Think
share
Many buyers in the Salt Lake City, Utah area have been unsure of their standing in the credit department. This has led them to agree to pay a higher interest rate, convinced that they should, when in reality, their credit may not have been low… more
How to Know About the Newest Homes on the Market Each Day
share
Get Technology Working For You With our Preferred Buyer Search, Salt Lake City Area Buyers help us program our database to search the entire inventory of listed homes for sale. Our computers will easily find the homes that match YOUR specifications… more
CNN Money - Spring home-buying guide: 6 ways to do it right
share
Breaking News! CNN Money just posted their Spring Home-Buying Guide for Spring 2007! The link is: CNN Money - Spring Home-Buying Guide: 6 ways to do it right They say to get pre-approved first, shop at least 4 or 5 lenders, work with an agent who… more
Different Types of Agents - Say What?
share
A VERY Brief Explanation of Different Types of Agents in Utah Listing or Seller's Agent: Sometimes referred to as a "traditional agent", the most common real estate agent works on behalf of the Seller and represents their interests… more
Which Loan is REALLY the Best?
share
With so many lenders, loan types and loan programs, how can you REALLY know which loan is best? At Homebuyer Representation, our Exclusive Buyers Agents can assist you in looking at your financing options and possible sources of financing. We are… more
The wrong mortgage can cost thousands of dollars in needless fees,…
share
The wrong mortgage can cost thousands of dollars in needless fees, interest and other costs. Many lenders have a handful of loan types that they use with almost all of their customers. You may qualify for special programs, but never hear of them… more
Why Loan Pre-Qualification Isn't Good Enough
share
Utah Homebuyers should be Pre-Approved BEFORE they make an offer. We strongly recommend that all our clients get Pre-Approved for a mortgage so they know in advance exactly how much you can afford and that their loan will go through. It also adds… more
Buying a Home (Smarter, not Harder)
share
Utah's smartest homebuyers have found that the best way to buy a home is to make sure the agent working for them, works ONLY for them! Think about it: In Utah, the Seller's Agent is bound to get the Seller the best price and terms. Can the Seller's… more
Why is Signing a Buyer-Agency Agreement That Important?
share
Our Buyer-Agency Agreement requires us to be legally responsible and accountable to you. A Seller's agent, by law, must work in the best interest of their client, including giving any learned information about the Buyers to the Sellers. This can… more
Three Good Reasons to Use an Exclusive Buyers Agent (EBA)
share
1. You Become A Client, Not A Customer Without the benefits of using Homebuyer Representation as your Exclusive Buyers Agent, you become just a customer to the Seller and their agent. According to the National Association of Realtors, "As a… more
I have the best clients!
share
I had to post some comments from recent clients. I have also posted them to my Testimonial Page Thanks Clients! I really enjoy working with you too! "We wanted someone who would work with us and not be constrained or biased by their own… more
Salt Lake City Market Update - 4/25/2007
share
Nearing the end of April I am pleased to report that there has been an increase in listings that are priced at or near market level. This will be a good thing for home values overall. (And for both Buyers and Sellers). My clients have also been able… more
Salt Lake City Market Update - Something's Gotta Give
share
My experience in the first 3 months of this year (2007) is that there were many Sellers (whether of their own initiative, or based on advice from their listing agent) who were putting their homes on the market as if the market was still appreciating… more
WHO pays the commissions (and other fees)?
share
This is sure to spark some debate. I am in the camp that believes that broker's fees and/or commissions are paid "from the proceeds of the transaction. " On the one hand, the Seller often contracts with a Listing Brokerage to pay a specific… more
Exclusive Buyer's Agents mentioned in Kiplinger's Personal Finance
share
An article in the March 2007 edition of Kiplinger's Personal Finance shares some of the benefits of hiring an Exclusive Buyer's Agent The point of the article (and it's title) was: Hire your own AGENT Just as two sports teams would not use the… more