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Southern Indiana Real Estate © 2007Contact AgentPaul Wonning 812-756-5447 Cell pwonning@northstarrealty.cc |
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The first thing you should do before going on a quest to buy a home is to obtain a copy of your credit report. This may be done online at annualcreditreport.com. At this site you can get one free credit report per year from each of the three major credit reporting agencies. The credit report is viewable immediately upon authentication of identity. You may also request one by telephone or mail, but this may take up to fourteen days to receive the report. It is best to obtain a copy of this report before applying for a home mortgage loan. When you see the report, you will be able to spot discrepancies, mistakes or misinformation contained in the report. It is best to clear all of this up before applying for a loan. It is extremly disappointing to find a home you love, apply for a loan and be denied because of discrepancies in the report. By the time the report is cleared up and you can successfully obtain the loan the home you just love may be sold and off the market. |