Buy a House Fast

This is the second post in a two blog series. To find more tips, visit: Part 1

If your credit score needs a boost, follow these tips to get back on track:

• Have you established a joint account?

You can improve your own credit score when you open a joint account with someone with a good score already. This practice tends to bump your score up as well. Who can help? Find out whether your parents, spouse, or other family members have good credit scores and ask whether any of them is willing to open a joint account as a favor.

If you find someone willing to help boost your credit score with a joint account, you are liable for your expenses! Going forward, slacking on payments can reduce your own score and theirs too. A joint account gives both parties equal responsibility so keep up your end of the bargain and ensure they do too.

• Can a secured credit card help?

Yes! Secured credit cards can help you improve and build upon your credit history. If you are a member of a credit union, choose their secured credit card first. This is how it works. You deposit a certain amount with your lender and receive a credit limit roughly the same as your deposit.

While picking the card, make sure that your credit issuer is reliable. Other helpful tips include looking for one that reports to all three credit bureaus; that has a low or minimal annual fee; and that can possibly convert into an unsecured card after a year of regular payments.

• How Can Revolving Loans and Installment Loans Make Things Easier?

Credit cards are revolving loans. You pay a portion of the total sum borrowed over a period of time (plus interest). Using a credit card with self-discipline can help build your credit score. Always pay your bills on time; pay more than the minimum payment; avoid using more than 30 percent of your card’s credit limit.

Installment loans include those for cars or other personal purchases that are paid back in installments. When you pay off an installment loan, on time without missing a payment, you boost your credit score. You’ll see your credit score change after regular loan payment of six months or more.

• What Else Should You Know About Boosting Your Credit Score?

Watch your expenses closely if you are in the process of buying a new home. Just because you have been pre-approved for a home loan DOES NOT mean that you are off the hook! Avoid taking on a huge debt for a new car when the loan process towards your house is still under progress. If you’re in the process of investing in a property or home, take extreme caution in your expenses.

Think you’ve been there, done that? Feel ready to own a home now? Looking to get started? Express Realty Services can be at your assistance. With an in-house lender in place, we can help you go through the pre-approval process for no extra charge. Besides, we’ve sold more than 800 homes in the past 4 years, catering to a wide range of budgets. So we’re sure we can find one home that’s just right for you and your family.

Just pick up the phone and call us at 1-888-306-9450 or visit our website.

Share your ideas about building a good credit score by adding a comment and stay tuned for more blogs on this and other important topics.

Normally, we try to keep this blog as informative as possible about the real estate market and neighborhood information in Washington DC. But, since the job market has been so tight these days, we thought it would be helpful to divert from our usual content and highlight an event we are hosting. Our parent firm has some new, real career opportunities, and we invite you, our loyal followers, to join us.

The Express Companies is now Hiring! More than 15 Job Positions to Fill

Job hunting is never fun. And now with job postings online, it can seem even harder than before. Why? There are so many people applying for one position! Add to that the spread of automated systems that randomly ‘bump you off.’ Doesn’t give you much chance of even meeting anyone from the company, much less the people who are actually making the hiring decision!

That’s why The Express Companies has decided to have a job fair with a difference. We’re the kind of organization that believes in people. So we want to meet you face-to-face.

Who are we? What’s on the table?

The Express Companies is the fastest growing real estate and home renovation business in the DC Metro Area. We have 15 sales, administration and operations openings that we must fill immediately due to our rapid, profitable growth. Whether you’re an experienced professional or looking for your first job, we think there’s a role for you with us.

What you need to bring with you is  your can-do spirit, strong commitment to excellence and great people skills with you when you meet us. All positions are professionally compensated, most with full benefits including health and dental coverage.

When and where do I show up?

Not so fast my friend! You’ll first need to visit: www.expresscompaniesjobs.com. Complete and send us all the required information for the job position of your choice.

If you make the cut, you will receive an email that confirms your time slot. You need a print out of this confirmation when you come to the Job Fair this evening, June 17, in Alexandria, VA. Go to www.expresscompaniesjobs.com for more details.

Hurry! Time is running out and the interviews are filling up quickly. Besides, you will not be able to enroll in the job fair post 3pm today!

Act now, or you might miss your best opportunity for a great job.