30 Apr 2021
By RESCO Realty

Boosting Your Credit Score To Qualify For Better Rates

Real Estate, ,
The better your credit score, the better the mortgage interest rate for which you should qualify. That can mean thousands of dollars saved over the life of the mortgage. If your credit score needs improving, get started prior to your search for a new home. Pay Bills On Time The simplest way to boost your credit score is by ensuring your bills are always paid on time. Nothing harms a credit score more than late payments. Check for Credit Report Errors Check your credit reports for any errors. These issues are not uncommon, and can really impact your score. Each…
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27 Apr 2021
By RESCO Realty

Buying in a Sellers Market

Real Estate, ,
Home buying is often made possible or unreachable due to the local and national economy. Fortunately, what goes up, must come down. So, for buyers who can wait, economic changes in supply and demand can create opportunities. These shifts in real estate are known as buyer’s markets and seller's markets.  The seller's market specifically tends to be the harder one for homebuyers. In short, sellers see a lot of demand, so they can command higher prices for a sale. Things are competitive, sell fast, and inventory is low.  For buyers, it’s a headache, but there are ways of handling the…
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21 Apr 2021
By RESCO Realty

VA vs FHA vs USDA What’s the Difference?

Real Estate, ,
You may have more options than you think when it comes to securing a mortgage for your new home. While many buyers opt for conventional financing, another option or program might be a better choice for you, depending on your personal and financial situation. Learning more about FHA, USDA, and VA loans ensures you get the best possible deal for your mortgage and that you secure the loan that you need for your new home. Here’s what you need to know about these useful mortgage options. FHA Loans These are traditional mortgages that are backed by the FHA: when you…
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