Not Performing a Credit Check Before Homebuying
Buying a new house can be pretty challenging and some people don’t usually think about this step or forget about it.
Thinking about making a loan for your new house? That is OK, but before you go and see houses or even call an agent make sure about making this step.
The credit check is the second and most important thing you must do before even starting the house hunt.
Because you have to get money from the bank before that they perform a check to see how did you manage to pay your bills in the past, how much money do you own and if you are eligible for another loan.
This is also important because before you go and see houses you must know how much money you can loan and this credit check is the step where you find out.