Monitoring your credit report is wise for everyone, but especially for Columbus home buyers and homeowners, who are attractive targets for scammers. According to data by Experian, Ohio ranks as the 14th-highest state for credit fraud, based on the 2017 per capita rate of reported incidents.
Today there is a fresh wave of phishing attempts. Scammers are impersonating the IRS and state benefit agencies. They are also pretending to be from credit card companies and mortgage lenders. Wherever there’s money, there’s a scammer attempting to get it!
Thankfully, the three main credit bureaus are making it easier for you to monitor your credit report. From now through April 2021, you can obtain your credit history every week, for free! To access your free credit report, visit AnnualCreditReport.com. This is the official consumer webite authorized by Federal Law.
Please keep in mind that not every lender reports to all three bureaus. For this reason, you’ll want to pull a report from each bureau.
Monitoring your credit history helps you spot any unauthorized credit accounts that were opened in your name. It also allows you to address any errors in your personal info. If you see any issues in payment history or other data, you can file a dispute with the reporting bureau, which will investigate and respond within 30 days.
We hope you find this information helpful! As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.
Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!
Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services www.BuyersHome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax