If your credit score dips below the 620 bench mark during your loan process, what option do you have? One solution can be to get an FHA loan, but this would involve mortgage insurance that would increase your overall loan amount and monthly payments. The smart thing to do is to not buy anything large that could lower your score. You could consider a rent 2 own property that allows you a temporary period of time to rebound while restoring your credit. Vist www.Rent2OwnROC.com to learn more about this option! For more buying and selling tips, please visit www.RochesterHomeLocator.com and let the Salafia Sold Team help you today!
In Rochester NY Real Estate, we have added a new listing to the group! It's a 3 bedroom 2 full bath Ranch with a spacious floor plan. Bargain priced at $77,900 this home is loaded with potential. The master bedroom features a bath. It also is vinyl sided and the private yard is a must see! The home also has an attached 2 car garage. This home is packed with value, go to www.RochesterHomeLocator.com for more information and pictures on this home. For a list of homes for sale in Rochester, NY go to www.RochesterHomeLocator.com and make sure to sign up for our new listing alert!
Address: 1505 Westside Dr Chili, NY
In these times, it's all about getting the most value for your money. Asphalt driveways have become more and more expensive due to the rising cost of crude oil. So, when considering a new install of a driveway, do you go with asphalt or concrete? Concrete is set to last roughly 20 years or more, with little to no maintenance. Initially, the cost up front is more due to the labor and time involved in pouring it. However, since it lasts much longer than asphalt it may be worth it. Many homeowners are considering this because the price of asphalt is almost comparable. Make sure to weigh all your options, you may be surprised that you can get a concrete driveway for as much as an asphalt driveway. Check out www.RochesterHomeLocator.com for more buying and selling tips. Also, consider going to www.RochesterHomeLocator.com for a list of homes in Rochester, NY.
To start the process of buying a home, for most home buyers getting a mortgage is the most important. The first step is to pull the Buyers credit score. It is important when buying a home to have a score of 620, most banks won't loan you money unless it's higher than a 620. One thing the mortgage broker should be advising their clients is to go on a "credit lockdown." This means, no applying for credit and making sure all bills are paid on time. The mortgage broker will have to pull credit towards the end of the loan process, and it can change your score if you've made large purchases or applied for new credit. Overall, just make smart decisions when it comes to credit. It's one of the biggest purchases in your life, so you want to make sure everything goes as smooth as possible. Make sure to check out www.RochesterHomeLocator.com for a ton of buying and selling tips for homes in Rochester New York.
Bring the indoor living space outside. Particularily outdoor kitchens. Adding sophisticated grills/stoves, comfortable & weather friendly casual furniture. Create privacy with landscape add color with such things as outdoor throw rugs, water resistant cushions and a large overhead umbrella. Take advantage of outdoor space while you can. For a ton of buying and selling tips, please go to www.RochesterHomeLocator.com and check out homes in Rochester, NY.
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Who we are? We are a family run real estate team, Nunzio Salafia (dad), Sal Salafia (son) and David Salafia(son). Our team has been focused in Rochester, NY real estate for over 25 years.
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