Scoring your Credit – How’s your FICO?

Before buying a home in the Pensacola, Florida area, it is crucial to make sure that your credit is in good condition. The first step in doing so is to learn how your credit score is determined.

In today’s increasingly automated society, it should come
as no surprise that when you apply for a mortgage, your ability to pay can be
reduced to a single number. All the years you’ve been paying your mortgage, car
payments, and credit card bills can be analyzed, sliced, diced, spindled and
mutilated into a single indicator of whether you’re likely to meet your future
obligations.

Improving your Credit Score

One of the most crucial steps to take before buying a home is establishing or improving your credit score. A credit score is a statistical method to determine the likelihood of an individual paying back the money he or she has borrowed.

Things to Take Into Consideration Before You Move to Pensacola , FL

Whether you are an experienced mover or new to the moving process, moving can be tiresome if you do not prepare properly. Your goal, when moving, should be to make the transition smoothly and efficiently. By planning your move in advance, you will achieve a smooth and efficient relocation. It is never too early to start planning your move.

Welcome to a Lovely Navarre, FL Home- 2104 Calle De Castlar

This lovely, remodeled home is move-in ready and the perfect home for a large family. The seller is very motivated to sell their home. This 3 bed/2 bath home is located in the perfect spot, centrally located between Navarre & Fort Walton. When you pull up to the property you can see its beauty…

Pace Florida Home For Sale- 6116 Curtis Road

This lovely, custom built home is on a huge lot with a pool and large privacy fenced in backyard (new fence installed March 2011)…and is located in the Pace school district!

Milton Florida Home for Sale-5720 Loring Drive

Ladies and Gentlemen, start your engines and race on over to see this extraordinary home with the ultimate detached garage/workshop/man-cave!!! This well-loved and maintained home located on a beautiful half acre lot is convenient to shopping, schools, hospitals and I-10.

Shopping for a Mortgage in Pensacola FL?

1. KNOW WHAT YOU CAN AFFORD. Before you visit the Pensacola MLS and start shopping for a Pensacola, FL home, review your monthly spending plan to estimate what you can afford to pay for a home, including the mortgage, property taxes, insurance, and monthly maintenance and utilities.

Pre-Approved Mortgages vs. Pre-Qualified Mortgages

You’ve undoubtedly heard the phrase, “Don’t put the cart before the horse.” This is true when speaking of the mortgage terms: prequalified and pre-approved.

Don’t Let the New Pensacola, FL Mortgage Policies Scare You!

Before real estate collapsed, all it took for a person to get approved for a mortgage was to have a heart beat and to be breathing. Lenders now are cracking down on people who are trying to be approved for mortgages. Lenders are trying to lower the amount of homes going into foreclosure due to people not being able to pay for their mortgage. Here are a few ways to help prepare those trying to obtain a mortgage.

Do Pensacola FL Home Inspections Matter?

When buying a home, some buyers question whether or not an inspection is necessary. The truth is that they’re very important; they allow a buyer to learn more information about the home they are purchasing. In some cases, a home inspection is required to obtain a home loan or mortgage.