Hello my name is Michael Rizzuto and I’m a licensed real estate agent with Coldwell Bankers- Regional Sales Center in New City, NY. This column will list the open houses for the upcoming weekend and give the current housing market statistics for Rockland County. If you have any real estate questions, please feel free to Email me at:Michael.Rizzuto@cbmoves.com. For a great Real Estate resource,go to my web site at: www.MichaelRizzuto.com.
Know Your Credit Score
Our financial reputation can be summed up in two words, Credit Score. This 3 digit score can mean the difference between having your loan application or line of credit accepted and having it rejected. Your score can even affect the interest rate you get on a loan, as well as the rates you pay for home and auto insurance. Keeping an eye on your credit is more important than ever in today’s economic times. Banks, Credit Unions and other financial institutions use credit scores to analyze the creditworthiness of any person. According to The Fair Credit Reporting Act, everyone is entitled to receive one free credit report from each of the three major reporting companies which are Equifax, Experian and TransUnion. To obtain your free credit report, you can go to https://www.annualcreditreport.com/. The most commonly used credit score model is the FICO score. The FICO score ranges from 300 to 850. The higher the score, the more credit worthy you are considered in terms of lending. For a great reference, go to www.Myfico.com. You can download a free E-book on understanding your FICO Score.
Rockland County Housing Statistic(Activity last 30 days source MLS)11/19 to 12/19 Houses Condos Active 1000 346 Under Contract 113 39 Title Transfer 141 37