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  • Why Buyers Choose Ann Hoke and Associates - Why homebuyers looking for a real estate agent in the Murfeesboro, Smyrna and Franklin area choose Ann Hoke and Associates.

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Real Estate Tips
Financing Your Home >Credit Card Mania

Most people know that a checkered credit history can disqualify you for a home loan, and maxed-out credit cards can do the same thing. But what most people don't know is that merely having a large number of credit cards, even with low balances and a history of timely payments, can disqualify you for a home mortgage loan just as quickly.

According to credit experts, having a number of credit cards can be just as detrimental to the granting of further credit as a history of late payments. Lenders look at it this way: If you have ten credit cards, each with a limit of $5,000, that means you have the potential to run up $50,000 in debt virtually any time you choose. That mere possibility makes you a greater risk, from their point of view.

The moral of the story? If you are planning to apply for a home loan in the future, keep only those credit cards you actually need to use and cancel the others.

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Real Estate Trivia
Q 
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?

A 
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
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Ann Hoke and Associates, REALTOR®, real estate agent and broker for Murfeesboro, Smyrna and Franklin, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Ann H. Hoke
Ann Hoke & Associates

450 St. Andrews
Murfeesboro, TN 37128
615-397-4024
Fax: 615-494-5144
AnnHoke@NUMBER1EXPERT.com

Ann Hoke’s method of doing business is “Put clients first and do what you say you are going to do.” As a multi-million dollar producer who consistently ranks among the top 5% of her peers, she is the number one mega-selling agent with the shortest days on the market while obtaining a 98% list to sales price ratio. Focused on educating clients on present market conditions, home values, marketing plans, and financing options, Ann will do whatever is needed to empower you to make confident and informed decisions. Ann is also known for her free staging service for sellers called StagingMagic, which enables you to get the quickest possible sale for the best price.

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