Nikki Buys Houses/NextHome Music City Realty

What to Know About Credit Scores Credit scores range between 200 and 850, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: Your payment history. Did you pay your credit card bills on time? Bankruptcy filing, liens, and collection activity also affect your history. How much you owe and where.  If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, spreading debt among several accounts can help you avoid approaching the maximum on any individual credit line. The length of your credit history. In general, the longer an account has been open, the better. How much new credit you have. New credit—whether in the form of installment plans or new credit cards—is considered more risky, even if you pay down the debt promptly. The types of credit you use. Generally, it’s desirable to have more than one type of credit—such as installment loans, credit cards,...

Checklist: Prepare for Your Move Update your mailing address  at usps.com or fill out a change-of-address form at your local post office. Change your address with important service providers,  such as your bank(s), credit companies, magazine subscriptions, and others. Create a list of people who will need your new address.  Whether you plan on sending formal change-of-address notices in the mail or just e-mailing the family members, friends, and colleagues who should be informed, a list will ensure no one gets left out. Contact utility companies.  Make sure they’re aware of your move date, and arrange for service at your new home if the service provider will remain the same. Check insurance coverage.  The insurance your moving company provides will generally only cover the items they transport for you. Ensure you have coverage for any items you’ll be moving yourself. Unplug, disassemble, and clean out appliances.  This will make them easier ...