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Raise your FICO score to buy a home in Orlando with Kyle Tait  as your real estate professional.  (864) 804-7180- Choosing a lender isn't the first step in becoming a homeowner. The content of your wallet begins the home buying process. To make your goal of homeownership realized, considering your credit score is a must along with the type of lender for which you'll qualify in Orlando.

The Fair Isaac Company bases your FICO score on the summary of your total credit history. The score ranges from 300 to 850, with the majority of people traditionally having a score of 600. Even though more people these days are experiencing job loss and delinquent credit cards, FICO scores aren't necessarily adjusted "on a curve." A low score is a low score and that often means you can't get credit. Some of the pieces in reviewing your FICO score include:

• Types of Credit — Do you have a healthy mix of credit cards and loans?
• Payment History — How many late payments have you made?
• Credit to Debt Ratio — How much do you owe versus your available credit?
• Credit Inquiries — Do you have too many open accounts?

When you apply for a mortgage or any other loan, lenders want to make sure that extending a loan to you isn't a problem. Your FICO score gives lenders a view of what type of borrower you are solely because of your credit history. You'll need a score of at least 700 to get a acceptable interest rate. If your score is lower, you can still qualify for a loan, but the interest accrued over the life of the loan could be more than double the amount of someone having a higher FICO score.

We're used to working with all levels of credit history. Call me at (864) 804-7180 and I can help you get on the right track to the home of your dreams.

How do you get a stronger score? Improving your FICO score takes time. It can be difficult to make a large-scale change in your number with quick fixes, but your score can improve in a few years by keeping tabs your credit report and by wisely using credit. The most important thing is to know your FICO score. You'll improve your credit score by using these helpful hints:

• Even out your debt. At first, this doesn't seem like a good idea. But, you steer clear of having one card that is maxed out and have your remaining cards at a zero balance. It's better to have each of your cards at about 25% of their credit limit than to have the majority of your debt transferred to a single card.
• Apply for gas station cards or store credit. For those who have non-existent credit or low credit, chain store credit cards and gas credit cards are ways to improve credit, increase your credit limits and have a solid payment history, which will raise your credit. You should always beware of maintaining a high balance for more than a couple of months because these types of cards more than likely have a steeper interest rate.
• Don't let your cards get dusty. Whether you're just getting started with credit, or if you've got older cards, be sure to use your cards so that your accounts stay active. But, pay them off in one or two payments.
• Pay on time. Your credit score plummets with every account that goes to collections. It's where people who have recently been unemployed see the biggest dip in their credit score. Yes, it takes longer to restore your credit this way, but it's the surest way to show that you're responsible enough to make payments to a lender.
• Ensure that your credit history is correct. If you find mistakes on your credit report, contact the bureau asking that the item be removed. If you have a common name or the same name as a family member, you'll want to give extra care to make sure the activity reported is correct.

Now that you know more about credit reporting, you'll be able to successfully take the first step in owning a home, and that is improving your FICO score. Keep in mind that when you're ready to apply for a loan to purchase a home, you'll want to keep your applications within a two-week window to avoid adverse effects on your credit score. With the help of G World Properties, the loan process is sure to go more smoothly so you, too, can become a homeowner.

Learn more about FICO scores at myFICO.com, Fair Isaac's informational site and you can review all of your credit reports for free each year at annualcreditreport.com. And, for a small payment, you can get your FICO score from each bureau on their websites: equifax.com, experian.com and transunion.com.

As your Buyer's Agent, I can help you look for the right house for you, and as your Listing Agent, I'll get top dollar for your house. Call Kyle Tait, Orlando's real estate expert, at (864)-804-7180. I can help you make the decision that gets the results you want.

For buyers and sellers alike, I know the neighborhoods of Orlando. Working with Kyle Tait, you can expect only a high level of service and the most results-oriented real estate agent Orlando has to offer.

• Updated Market Conditions
  I'll perform a Comparative Market Analysis to help decide the listing price and select the promotion method.
• Experience
  Using my expertise, I'll negotiate the best deal for you.
• Exceptional Customer Service
  I'll guide you through the details of selling your property; eliminating hassles and stress.
• Unmatched Commitment
  Your home deserves the most exposure available through a strong marketing strategy.
• Local Expert
  Your property will get promoted to agents and potential buyers in Orlando, Florida as soon as possible.
• Time-Management
  I'll post your home to the local Orlando MLS within 24 to 48 hours.

                 Relevant Market Stats
Staying abreast of market conditions, I'll know if an asking price is overpriced, or reasonable. We won't waste time looking at houses that aren't a good buy.

• Experience
  Know the ins and outs of the industry and Orlando, Florida, I'll negotiate the best deal for you.
• Support
  You'll understand the buying process, and will be confident enough to make smart decisions.
• Unmatched Commitment
  You'll see listings when you're ready to see them - it's common for me to work late hours and weekends.
• Orlando Expert
  I know the neighborhoods, schools, market conditions and local economy of Orlando, Florida, which are essential factors in finding the right home at the right price.
• Time-Management
  I'll notify you of new listings in Orlando, Florida as soon as they become available.

Just as with any home purchase, your wisest move is to hire a professional real estate agent. Should you have questions regarding real estate in Orlando, Florida, call us or send us an e-mail.

"REO" or Real Estate Owned are properties which have been through foreclosure that the bank or mortgage company now holds. This is unlike a property up for foreclosure auction.

If you buy a property during a foreclosure sale, you must pay at least the loan balance plus any interest and other fees accumulated during the foreclosure process. The buyer must also be able to pay with cash in hand. And on top of all that, you'll receive the property 100% as is. That possibly could include standing liens and even current residents that may require eviction.

A bank-owned property, on the other hand, is a more tidy and attractive deal. The REO property didn't find a buyer during foreclosure auction. Now the bank owns it. The lender will take care of the elimination of tax liens, evict occupants if needed and generally arrange for the issuance of a title insurance policy to the buyer at closing.

Note that REOs may be exempt from typical disclosure requirements. For example, in Texas, it is optional for foreclosures to have a Property Disclosure Statement, a document that normally requires sellers to tell you about any defects they are aware of. By hiring Kyle Tait, you can rest assured knowing all parties are fulfilling Florida state disclosure requirements.

It's sometimes presumed that any REO must be a good deal and a chance for guaranteed profit. This isn't always true. You have to be cautious about buying a REO if your intent is to make money off of it. While it's true that the bank is often eager to offload it soon, they are also looking to minimize any losses.

Look closely at the listing and sales prices of competing properties in the neighborhood when making an offer on an REO. And factor in any repairs or upgrades necessary to prepare the house for resale or moving in. There are bargains with potential to make money, and many people do very well buying foreclosures. But, there are also many REOs that are not good buys and may lose money.

Most banks have staff dedicated to REO that you'll work with in buying REO property from them. To get their properties advertised on the local MLS, the lender will typically use a listing agent.

Prior to making your offer, you'll want to contact either the listing agent or REO department at the bank and learn as much as you can about what they know regarding the condition of the property and what their process is for taking offers. Since banks almost always sell REO properties "as is", you may want to include an inspection contingency in your 

Each year we reach more than half of all parents in the U.S. with school-age children. Whether it's helping parents find the right school, advocate for better schools, or support their children's learning, we work to empower parents with the information they need to improve educational opportunities–in their homes and their communities

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For detailed information on buying a home or property, please complete the form below describing the type of home or property you are looking for. Kyle will get back to you as quickly as possible with your results!