Credit And Financial Considerations For Potential Home Buyers: The RICH IDEAS


While home ownership is often considered, from an emotional perspective, as an important component, of the so – called, American Dream, achieving one’s objective, requires consistent effort, planning, focus, and attention, in order to ensure, your personal credit and other economic considerations, doesn’t interfere with getting, what you seek, and desire! One must open – his – eyes, and look at the bigger picture, and objective, in a realistic, well – considered manner. This means, having a strategy, preparing, well, in advance, proceeding with well – considered, priorities, and addressing, some of the economic challenges, etc. With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, what I refer to, as the RICH IDEAS of smart planning.

1. Responsible; relevant; rationale/ rational: Only when one, commits to responsible behavior, in the period, at least a few years, before you begin your search, for a new home, and prioritizes relevant actions (keeping the goal and objective, as a priority), in a rational way, will you reduce the stress of buying a house. Your rationale must be the big picture, which means, acting responsibly, avoiding unnecessary debt, preserving and saving money, and building financial reserves.

2. Imagination: Imagine what you want, and know, why you do? Realistically, know, both, what you can afford, as well as your personal comfort zone, in terms of home – related obligations. Be prepared!

3. Can – do; creative; credit: Focus on what you can – do, instead of, merely, why you can’t! Seek a creative course of action, leading up to the search, so you might, maximize your credit worthiness, in order to obtain a mortgage, with a minimum of stress, and, on the best terms!

4. Head/ heart: Purchasing a house, requires proceeding, with the finest aspects, of, both, your emotional and logical components. This head/ heart balance, is needed, to be capable of effectively handling, the obstacles, we witness, during this process!

5. Issues: One can obtain, without charge, a copy of his credit report, once, per year. Do so, beginning a couple of years, prior to your home search, so you can address any issues, that need, to be addressed, etc.

6. Delve deeply; discover: It’s important to delve deeply, into every aspect of your personal financial picture. Discover, both, the strengths and weaknesses, and begin fixing any weakness, as soon as possible!

7. Economics; efforts; examine: Examine each economic/ financial aspect, and focus your efforts, in order to, be as prepared, as possible!

8. Attitude; aptitude; attention; actions: Give yourself a check – up, from the neck – up, and enhance your attitude, so you might proceed, with a can – do, positive attitude. Combine this, with developing a relevant aptitude, and paying attention, to your priorities. Never procrastinate, but proceed, with relevant actions, which might improve your credit factors!

9. Self; serves; strengths: Know thy self, so you might enhance your financial strengths, while addressing areas of weakness! Doing so, serves your best interest!

If you really want to purchase a house, try these RICH IDEAS. and let them help you, help yourself! It’s up to you.


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