Virtual Properties Realty

Does Refinancing Hurt Your Credit?

A white farmhouse with a covered front porch at dusk in Georgia

Refinancing does affect your credit, and the damage is smaller than the paperwork suggests. A single mortgage inquiry costs most people fewer than five points. Inquiries make up 10% of a FICO Score, and they stop counting after twelve months. The part nobody warns you about is the age of your accounts. You aren’t modifying … Read more

What’s the Difference Between a Listing Agent and a Buyer’s Agent?

Two chairs facing each other across a table, representing the two sides of a real estate negotiation

A listing agent represents the seller. A buyer’s agent represents the buyer. Both hold the same Georgia real estate license, complete the same continuing education, and are legally qualified to do either job. The difference is not training — it is who the agent owes fiduciary duty to in that specific transaction. That distinction matters … Read more

Does Getting Pre-Approved Hurt Your Credit?

Reviewing mortgage options at a kitchen table before starting a home search

Getting pre-approved for a mortgage does affect your credit, but far less than most buyers expect. A mortgage inquiry typically costs a few points and fades within months. Skipping the pre-approval costs you the house. The number people are afraid of is smaller than the risk they take by avoiding it. How much does a … Read more