Buying a Home in Salt Lake City, UT

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Home Buyers - Estimate Your Credit Score!

credit score meterI came across this while reading an article today about financing and the state of the real estate market. I thought I would check it out (since it's free, right?) and see how accurate it could guess my credit score.

Well, I have to say, it was pretty accurate! Obviously this isn't a substitute for the real thing, but if you are a Buyer, you could use this to give a pretty close to accurate estimate to an agent or a lender when they ask you how your credit is.

If you know your score, click through, give it a shot and tell me if you think this thing is pretty close or not.

It takes about 2-3 minutes total to get an estimated credit score.

One caveat: This will only be as accurate as the data you put into it, so be completely honest.

Here's the link: 

http://moneycentral.msn.com/investor/creditreport/main.asp

 

 

 

If you are thinking about moving to the Salt Lake City area, make sure you get an Agent on YOUR side! 

Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Area. We do not list any homes. We never represent Sellers.

We work for BUYERS ONLY on the Buyer's side of the transaction.

We work to get BUYERS the Best Price and Terms when they Buy...

We're "The Real Estate Agents on the Buyer's Side" TMreal estate agents on the buyers side

If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 60-90 days, call us at (801) 969-8989 or contact us via the link on this page.

©2008 Homebuyer Representation, Inc. All Rights Reserved

Comment balloon 4 commentsBenjamin Clark • March 27 2008 12:03AM

Comments

By the way, the estimated result comes from experian...
Posted by Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.) over 10 years ago

wow!  Great link!  It is very accurate.  However, the range it gave was a 70 point range.  Depending where someone actually falls, the 70 point range can make or break somebody.

As you know, credit scores of 679 or 700 can make a big difference for a borrower.

Posted by Rick Tourgee, Provincetown and Cape Cod (Robert Paul Properties, Inc.) over 10 years ago
Rick - You are right about the range. This isn't a substitute for the real thing. But it can give first time buyers an idea of what their scores might be. Often people mistakenly believe that if they haven't had a lot of credit in the past, their score won't be very high. This just isn't true. No credit is certainly better than very bad credit. Most people also don't realize that they have built up a credit history with cell phone bills and other monthly services they may have been using.
Posted by Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.) over 10 years ago

 

Ben,  I'm adding this as a link to send my clients.  Especially the ones that want to know but don't want to pay. 

Posted by Paul Howard, Paul Howard Realty, 856-488-8444 (Paul Howard, Broker, Paul Howard Realty 856-488-8444) over 10 years ago

Participate