5 Factors That Decide Your Credit Score

Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:

1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.Credit Cards
photo credit: Andres Rueda
photo credit: Andres Rueda

2. How much you owe. If youowe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it’s a good thing if you have a good proportion of balances to total credit limits.

3. The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer’s oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years.

4. How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly.

5. The types of credit you use. Generally, it’s desirable to have more than one type of credit — installment loans, credit cards, and a mortgage, for example.

For more on evaluating and understanding your credit score, visit www.myfico.com.

Properties in Braddock District


7800 Inverton Rd #5


Incredible, scenic view and well-maintained home in desirable Kings Park West Community.

10156 Tapestry Ct

This one of the best rambler models in the neighborhood located in a quiet cul-de-sac. Wonderfully upgraded & remodeled throughout, a welcoming covered front porch & opens into a spacious. Expansive eat-in kitchen with contemporary, maple cabinets, upgraded stainless steel appliances & backsplash, comfortable breakfast area, ceramic tile floor which flows into the dining room. Formal living room with huge picture window to show off that million-dollar view! Generous master suite with sitting area expanded to add an extra set of closets besides the walk-in closet, remodeled bathroom. 3 Spacious Additional bedrooms all have plenty of closet space & 2 upgraded hall bathrooms. Excellent location-walk/bike to George Mason University, minutes to Burke Centre VRE Station, nice restaurants & shopping in close by historic City of Fairfax, other commuter routes & wonderful neighborhood amenities with super low HOA fee of $40 per year. County maintained Lake Royal Park located in the neighborhood offers a beautiful lake for fishing, 3 miles walking/jogging path, baseball field, soccer field, playground, tennis courts, 3 community pools to join & walking distance to Robinson Secondary. Excellent location-walk/bike to George Mason University, minutes to Burke Centre VRE Station, restaurants & shopping, other commuter routes & wonderful neighborhood amenities with a low HOA fee of $40 per year. County maintained Lake Royal Park located in the neighborhood offers a beautiful lake for fishing, 3 miles walking/jogging path, baseball field, soccer field, playground, tennis courts, 3 community pools to join & walking distance to Robinson Secondary. [Kings Park West - $699,900]

Stunning Colonial in sought after Southport community! Beautifully updated throughout and all new renovated baths! Enjoy cooking a meal in the open kitchen featuring quartz counters, tile back splash and flooring, center island, tons of cabinetry and built-in desk, recessed lighting, and breakfast area.

9208 Byron Ter

Kitchen steps out to private back yard and large deck – perfect for dining alfresco or summertime grilling! Family Room off kitchen with soaring vaulted ceilings and gas fireplace. Entertain guests in the formal Living & Dining room with decorative moldings and sparkling walnut hardwood floors. Half bath also on main level. Spacious Primary suite with walk in closet and private remodeled bath featuring his and hers vanities, granite counters, custom cabinets, upgraded tile flooring and glass enclosed shower with rain head shower and decorative tile work. 2 spacious secondary bedrooms, remodeled full bath and huge loft/potential 4th bedroom also on upper level. Lower level unfinished basement with tons of potential! Large flat backyard. New HVAC 2021, new Gas hot water Heater 2020, new Pella windows and Front door, Anderson French doors, kitchen lights, gas log fireplace and outside trim and shutters repainted in 2019. Great commuter routes, walk to bus stop and just minutes to VRE! [Southport - $789,900]

Fully updated and incredibly spacious 3 BR 3.

10021 Beacon Pond Ln

5 BA townhome wows on every level. From the gleaming hardwood floors to the brand new kitchen to the renovated bathrooms, you will love this home! Cozy up by the fireplace in your living room to keep you warm on cold nights. Step out onto your deck to sip your morning coffee or entertain in your brilliant white kitchen featuring a large center island, stainless steel appliances, and new cabinets. The upper level features 3 bedrooms and 2 fully renovated bathrooms - each with gorgeous custom tilework! The primary bedroom suite boasts a full-sized walk-in closet with organizer, oversized shower, and vanity. The lower level features an in-home office that can double as a guest room, another fully renovated bathroom, and a rec room with a wet bar perfect for game nights! Located in the Burke Centre Conservancy you will enjoy all amenities including pools, basketball courts, jog/walk paths, tennis courts, and playgrounds! Minutes from multiple shopping centers, you’ll always be able to run quick and easy errands. Enjoy Burke Lake park and Burke Lake golf center for those beautiful scenic views! To make your commuting a breeze you will find yourself minutes from multiple commuter lots, bus stops, and near major roads such as 66, 95, 395 & 495. You will not want to miss out on this wonderful turnkey home! [Burke Centre - $559,888]

Look no further for the perfect home to suit your needs.

7707 Viceroy St

Boasting 7 bedrooms, 6 bathrooms, 4 levels, and over 4,200 square feet of finished living space, this single family home will not disappoint! Extra rooms are perfect for home offices, home gym, hobby room, playroom--the possibilities are endless! Major renovation/extension completed in 2011 more than doubled the size of this home. You will love the open floor plan design. The addition was thoughtfully designed to maximize living space and included 3 large bedrooms with 3 en suite bathrooms, an additional large family room, and kitchen expansion. Hardwood flooring throughout the entire home--no carpet to keep clean! Step through the beautiful wood front door with leaded glass and into the spacious living room with cozy fireplace. The huge gourmet chef's kitchen is a cook's dream with granite countertops, top of the line stainless steel appliances including a modern exhaust hood, cherry cabinets, large center island with room for seating, an additional breakfast bar, recessed lighting, a double sink, and French doors that lead to the spacious and flat back yard. This home has 2 master bedrooms (one on the main level), both with updated en-suite baths with granite topped double sink vanities. All bedrooms are amply sized, and the main level has been freshly painted to suit modern tastes. HUGE lower level storage room could also be finished. Other updates include: hardwood floors in three bedrooms refinished in April 2021, 2 HVAC units (one replaced in June 2019) & 2 hot water heaters (one replaced in April 2021). The backyard features a brick paver patio with a gazebo which is perfect for enjoying time in the outdoors. The swingset also conveys. This home also features a 1 car carport with extended driveway and additional storage shed. Don't miss this one! [North Springfield - $799,900]

Experience the captivating style of this wonderful townhome with its three fully finished levels in The Timbers community.

8761 Ridge Hollow Ct

The main level creates an open feel with gorgeous hardwood floors in the foyer, dining room and kitchen. The luxurious kitchen is completely renovated with a stunning backsplash, digital outlet for wireless, granite countertops, stainless steel LG appliances, wood cabinetry, under counter sensor lighting, overhead lights and beautiful pendants. The spacious living room and its centerpiece fireplace is an inviting space to gather with friends and family. Access your outdoor patio through the 8-ft sliding glass door, a perfect place for the grill and the best soil for gardening. Upstairs the large master bedroom features a full wall of closet space and a beautiful en suite bath with granite countertops, large walk in shower and a skylight giving natural light. There are two additional bedrooms and a full hall bath on this level. The lower level offers a spacious finished recreation room along with its own full bath, lots of storage areas and a separate laundry room. The Timbers neighborhood has lots of green space, play areas, a pool and clubhouse for residents only and plenty of running and cycling paths. The super low-priced HOA maintains the landscaping, pool and snow removal. This sought-after home feeds into the Cardinal Forest ES, Irving Middle School and West Springfield High School pyramid (www.fcps.edu). This prime community is a commuter’s dream, the Metro bus stops right outside, the Rolling Road VRE Station is 1 mile away, easy access to 495/395/95 and Springfield Metro Station, yet there's a small-town feel. Close to the GMU, NVCC, INOVA Fairfax Medical Campus, Fort Belvoir, Audrey Moore Recreation Center, great shopping and restaurants. HURRY – THIS ONE WILL NOT LAST. Make this your new home! [Timbers the - $499,900]

Bright and Cheery 2 bedroom, 2 bathroom garden style condo in the sought after Woodson school pyramid.

4144 Fountainside Ln #102

You will not want to miss out on this ground level unit in a secure building! Step right in and notice your brand new carpets throughout with a great kitchen that offers lots of cabinet storage, a breakfast bar, and new stainless steel appliances. Spacious dining and living room features a gas fireplace and oversized glass doors to your own private patio. Primary bedroom features an oversized walk-in closet and private bathroom. Steps away from the popular community pool-great for summer lounging and fun! Comes with two parking permits available by request from the association. Location offers multiple shops and restaurants to choose from! Only minutes away from Fair Oaks Mall and Fair Lakes Shopping Center. To make your commute more convenient, easy access to Rt. 66, Lee Hwy, Rt. 50. Come add your personal style to this move-in ready home! [Random Hills - $354,888]

This is the most Charming Home I've had the pleasure of listing for sale in a long time * It is located on a quiet Cul-De-Sac with a nice level front yard with mature trees and completely fenced back yard * Before you get to the front door you will notice the comfortable front porch (perfect size for 2 rocking chairs) * You enter the front door into the Family Room with high ceilings and split level Overlook from the bedroom level * You will smell the fresh new carpet just installed last week as well as the fresh paint * Step down to the Dining Area with Picture Window that leads into the Country Kitchen with small Breakfast area * Kitchen has access from the garage and a bonus door to outside * The garage is deep which allows space for storage or a workshop table * For people who are Teleworking there is a Fios NTP installed in the garage for high speed internet * Upstairs you will find 3 spacious bedrooms * The hall bath is beautifully remodeled with Floor to Ceiling large ceramic tile, slate flooring, chrome faucets, and upgraded lighting * Stroll down to the Primary Bedroom with accent red walls * This primary bathroom is extravagant with Heated Slate Flooring, Custom Designer Shower with seating & Full body spray heads * Don't miss the clear glass bowl sink or double flush toilet * All bedrooms have a view to the backyard where you can see the blooming azaleas for a few more days * All this can be yours!.

5202 Commonwealth Ct

This well priced condo is in the heart of West Springfield in an amazing community! Its minutes away from Lake Accotink Park, you can walk over to the VRE if you work in DC, and there are a bunch of shopping centers close by.

8500 Barrington Ct #D

Also right next to the beltway. Parking will never be an issue, it comes with plenty of open parking. Unit #D also comes with a great view and easy access from the patio. Its been well maintained and comes with updated features. Call today for more information..!! [Tivoli - $220,000]

Picture a mid century (built 1964) garden condo community -- with truly a garden for a balcony view - and a terrific Fairfax City park (Providence Park) across the street.

10720 West Dr #203

That is the pleasure of living at Fairfax West. Add to that this #203 has a DEN space in ADDITION to the generous BEDROOM and LIVING ROOM areas. Current owner has used the Den in so many ways - music studio, exercise and mediation space, extra overnight guest space, craft space. Your needs will surely fit that space too. The Kitchen with GAS cooking - has been the scene of some remarkable dinner creations - proving a large kitchen isn't required to produce great meals. With the wonderful weather and amazing courtyard view - dinners on the balcony may be your choice as well. The condo fee includes GAS, ELECTRICITY, WATER, SEWER and TRASH. You pay only for your choice of communications/entertainment connections. Parking is a breeze with a reserved space in front of the building - PLUS ample open visitor parking on the service road in front. Wonderful in-town of Fairfax City location with easy access to GMU, Coffee shops, interesting restaurants, breweries and salons. And perhaps like the current owner - you love to GARDEN -- sign up for a Fairfax City Garden Plot and grow your own vegetables, flowers and herbs - while enjoying a caring community of other gardeners to share ideas, seeds and friendship. It is another great way to meet new friends and share and learn from them while "tilling the soil". At Fairfax West you are very close not only to the park across the street - but a host of additional parks and also the main Fairfax Library. Commuting and sightseeing is easy -- with convenient bus access to the VIENNA METRO, Pentagon and Old Town Alexandria. [Fairfax West Condos - $210,000]

Home Finance, , , ,

Will Nesbitt

View posts by Will Nesbitt
Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia. Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.