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How You Can Protect Your Credit Score During The Coronavirus Pandemic Keeping up with your credit score can be a daunting task during the best of times. In the face of current economic uncertainties surrounding the coronavirus pandemic, though, excellent credit may have even more impact on your financial health. But for many facing layoffs or other income losses, the first step towards long-term healthy credit lies in figuring out how to stay afloat today.

How to Shop for a Loan OfficerYou’ve probably heard that you should always shop around for the best deal on a mortgage. But what about shopping around for a loan officer?

Why Your Credit Score MattersYour credit scores determine a lot more than the loans you can get and the interest rates you pay. Insurers use credit scores to set premiums for auto and homeowners coverage. Landlords use them to decide who gets to rent their apartments. Credit scores determine who gets the best cell phone plans and who has to make bigger deposits to get utilities. Credit scores are a financial tool, in other words, but whether they’re a lever or a hammer depends on how good they are.

Featured Real Estate

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Residential

$119,999
For Sale
1440 ft232

7009 Cloverdale
Little Rock, AR 72209

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MultiFamily

$720,000
For Sale
11234 ft200

92 Lawrence Landing
Conway, AR 72034

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Commercial / Industrial

$210,000
For Sale
1876 ft200

115 Broadview
Greenbrier, AR 72058

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Residential

$169,900
For Sale
1521 ft232

1420 Hamilton Street
Conway, AR 72032

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Residential

$169,900
For Sale
1521 ft232

1440 Hamilton Street
Conway, AR 72032

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Vacant Land

$12,000
For Sale
0 ft200

30 Lexington Drive
White Hall, AR 71602

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Vacant Land

$12,000
For Sale
0 ft200

31 Lexington Drive
White Hall, AR 71602

Buying A House 101

1. Decide to buy.

Base your decision to buy on facts, not fears.

2. Hire your agent.

Choose an expert that will guide you through the home buying and selling process.

3. Secure financing.

From start to finish, you will follow a six-step, easy-to-understand process to securing the financing for your first home.

4. Find your home.

Looking for your home begins with carefully assessing your values, wants, and needs, both for the short and long terms.

5. Make an offer.

The right offer must fairly reflect the true market value of the home you want to buy. Your agent's market research will guide this decision.

6. Perform due diligence.

Unlike most major purchases, once you buy a home, you can't return it if something breaks or doesn't quite work like it's supposed to. That's why home owner's insurance and property inspections are so important.

7. Close.

The final stage of the home buying process is the lender's confirmation of the home's worth and legal statue, and your continued credit-worthiness. This entails a survey, appraisal, title search, and a final check of your credit and finances.

8. Protect your investment.

Throughout the course of your home-buying experience, you've probably spent a lot of time with your real estate agent and you've gotten to know each other fairly well. There's no reason to throw all that trust and rapport out the window just because the deal has closed. In fact, your agent wants you to keep in touch.

Morgan - (501) 358-1016 / Broker: Sandstone Real Estate Group - 501-329-7263