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Spargett's avatar

I'm about to meet with a realtor tomorrow, any tips to make sure I get the place?

Asked by Spargett (5377points) March 31st, 2008

There’s a place I really want to get. Certainly a diamond in the rough. I’m meeting with the agent tomorrow. I don’t think I have super “good” credit, but that’s only because I don’t deal with credit cards much. So more of a lack of credit than bad things.

I make good money and have always paid rent on time where I’ve lived for the past 4 years, and have been a great tenant.

How can I get an edge on someone else applying for the same place? Is there something more I can do than just give them my social for a credit check?

Let me know if you have any questions. Thanks!

P.S. For anyone that’s a realtor, any inside advice would REALLY help. I’m not shady, just a nice guy trying to get a nice place that I can easily afford.

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3 Answers

DeezerQueue's avatar

They’ll probably use a credit scoring sheet, which doesn’t solely rely on credit card history, but also length of employment, length of residence, no negative credit factors, perhaps that you’re also not financially overextended. They generally want to know that you’re reliable. Is there any chance you can get a letter from your current landlord about your tenancy there?

The edge is sometimes personal. Use common sense. Be courteous, presentable, it’s not the time to make statements about an alternative lifestyle or those sorts of things. If you really want the place, your credit will sell itself, now you have to sell yourself without being smarmy.

You come across in Fluther as a decent guy. I wish you a lot of success in getting the place and potentially making it your new home.

cornman's avatar

Go to a financial institution and get yourself pre-qualified for the purchase price of the property. Hopefully you have some cash that you have been saving that you can put down as well. If not, you could possibly borrow a down payment from family or friends. In general, the housing market is currently a buyers market with the enormous inventory of properties. That being said, you may still gave to propose a full asking price offer on the home you want depending on how the market is where you live. Best of luck to ya Spargett!

Spargett's avatar

I should clarify that I will be renting the property.

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