For those who are interested, the house is coming along nicely. The builder called me today to ask, if they could have it complete, if I wanted to close in August! I thought, "Whooo Nelly! Slow your roll". I told the girl no, that I wanted to close the end of September instead (she schedules the closings). Then I started thinking - the longer it takes to close, the more likely things that can go bad, will. I'm very concerned about scores and debt and would really like to close sooner rather than later (remember, I have that split CRA file that, so far, isn't being pulled, not even when my tri-merge was pulled in March). So I'm flying under the radar. Not to mention, if I were to close in August, they probably wouldn't pull my CR 4 or 5 times before I close. So I'm going to speak with my mother this weekend and see what her opinion is. Keep in mind that I'm renting and going month to month. In NC, you only have to give two weeks notice on a month to month lease. However, I still have to secure a mover and actually PACK. August 31 is only 5 weeks away. Lastly, yearly taxes for my county will be due September 1 also. Decisions, decisions. Anyone have any opinions?
George, I agree with you about how ridiculous it is to pull the CRs so much, but that is the info I'm getting.
That sounds like to many times for your credit to be pulled. However, if they are using recent credit scoring software, that will not lower your scores supposedly. Good luck on the house and keep us informed on the progress. fla-tan
If they have the "OLD" kind...each "PULL" may cause a "HIT" which lowers the score so they can "JACK" the rate just before close unless you have a "LOCK"...(just guessing) THIS IS A GOOD REASON TO NOT APPLY FOR ANYTHING TILL YOU HAVE THE KEYS IN YOUR HAND!!!
George, Again, in your infinite wisdom, you are correct, and I have not and will not. Thanks for pointing it out again though! ;-)
