Byers & Harvey, Inc.
Bruce A. Griffy, Broker

Interactive Map Search

Use our Interactive Map Search tool to view properties directly on the map. Easily view listings in your favorite neighborhoods.

Search

What's Your Home Worth?

Are you thinking of selling your home? Get a free evaluation and market analysis of your home with absolutely no obligation.

Get Valuation

Email Property Alerts

Get alerts of new properties meeting your search criteria delivered right to your inbox. It's FREE and you can cancel at anytime.

Sign Up
 

The Truth About Credit

There is nothing more important than your credit when it comes to buying a home. The first thing a lender will do is review your credit report. This is a history of money you have borrowed in the past and how you have repaid those debts. It contains a list of debts such as credit cards, car loans, and other loans. It shows any bills that have been referred to a collection agency. It lists other public record information such as liens or bankruptcies. And, it documents inquiries about your creditworthiness and whether you were extended credit or not. Your credit report is constantly updated and most information is deleted after 7 years (10 years for bankruptcies). This credit information then helps generate a computer-derived number that indicates your risk as a payer of debts. This is called your credit score. Your credit history and/or your credit score is used to decide whether your loan is approved and it could be used to determine your interest rate. 

If You Don’t Have Credit 
If you haven’t established credit, start now. Perhaps apply for a credit card or two, then use them carefully and pay them off each month. Once you’ve done this, you’ve started your credit history. Next, apply for credit on a store purchase such as an appliance, or a TV. Do this even if you have the cash to pay for it. When the first bill comes, use your cash to pay it off in total. You see, buying on credit and paying it off helps your credit better than buying something for cash. 

If You Have Bad Credit 
It can take awhile to improve bad credit, but it can be done. Since credit scores reflect much of your most recent activity, the first thing you should do is to start paying on time. Pay all of your bills, even if it’s just the minimum. Never pay less than what is due, and never pay late. And, don’t max out your credit cards because it indicates poor money management. One of the best things you can do is to make a budget to help with your monthly expenditures and then live by it. Also, start a savings account and make it part of your budget. You will need money for a down payment, or it will help if you lose your job or source of income.

Click on the Links Below for More Information

 

For Sellers

By Owner or Use an Agent

Price It Right

Showing Your Home

Passing a Home Inspection


For Buyers

Advantages of Owning a Clarksville Home

The Right Clarksville Home for You

What Can You Afford?

The Truth About Credit
 

Quick Contact

Enter your phone number and I'll give you a call.

Type the characters

 

Email Agent

Enter your email address and I'll reply as soon as possible.

Type the characters

 

Quick Search

$
$
 

Newsletter

Sign up to receive my monthly newsletter right in your inbox.

Type the characters

 
 
 
Realtor Equal Housing Opportunity Multiple Listing Service
 

Want to Know How Much Your Home is Worth?

Get Your FREE Home Market Analysis Report Right Now!

YES, SHOW ME NOW