Your credit history is an important factor that’s taken into consideration when you apply for a mortgage, soaking sure the information in your credit report is accurate is essential. Here is a summary of your rights under the fair credit reporting act.
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You must be told if information in your file has been used against you to deny your application for credit. You have the right to know what is in your file, to ask for your credit score and the right to dispute.
Incomplete or inaccurate information and consumer reporting agencies must correct or delete inaccurate, incomplete, or unverifiable information. In most cases, a consumer reporting agency may not report negative information. That is more than 7 years old or bankruptcies that are more than 10 years old.
You must give your consent for reports to be provided to employers. Identity theft victims and active duty. Military personnel has additional rights for more information.
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One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:
Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*
To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!
*Agardi Team and the seller have to agree on the price and the closing date.