From the February issue: Several factors can ruin a deal for a potential homebuyer, from a low offer to a bad co-op interview. But during the downturn, with banks reluctant to hand out loans, one detail is particularly nettlesome: the credit score.
Low scores can slow or kill deals, but they also mean more business for Tracy Becker, head of North Shore Advisory, a credit education center. She’s been trekking to some of the biggest residential firms in the city — including the Corcoran Group, Prudential Douglas Elliman and Stribling & Associates — to show brokers how to fix low scores. [more]
