Buyers Can Seek Closing Costs Credit
Updated Oct. 9, 2013
Is it really a full-price offer if the buyers ask the sellers to pay for some of their closing costs? Not exactly.. Sellers are sometimes miffed when they read through a purchase offer and discover, usually in the ''additional terms'' section of the contract, that the buyers want them to pay...

Bad credit? Got 60 days?
Updated Oct. 9, 2013
Repairing your credit report can be a daunting task. I am going to give you the FACTS and resources about repairing your own credit report for FREE.Over the years I have learned what really works to get your scores up quickly. Since I am a lender, there were many instances where I had to get a borrowers credit scores...

Should you escrow for taxes & insurance?
Updated Oct. 9, 2013
For those of you that do not know, to escrow your property taxes and insurance means that you will allow the servicer of your mortgage to collect your tax and insurance payments as installments that are included in your mortgage payment. This minimizes risk from the lender's standpoint because they know...

How to Prepare For A Mortgage Preapproval
Updated Oct. 9, 2013
How to Prepare For A Mortgage PreapprovalWith home prices at an all time low and nowhere else to go but up, it's a great time to buy a home.. Before you go out looking at homes though, you need to get yourself a mortgage preapproval. Getting a mortgage preapproval gives you the advantage of knowing exactly how...

THE TIME IS NOW!
Updated Oct. 9, 2013
Great Window of Opportunity. You may have heard that home loan rates have improved and are back down to near historic levels. In fact, I've been slammed with emails and phone calls from people just like you who wanted to take advantage of this wonderful situation.. But you need to keep the following in mind.... While...

What is the Velocity of Money and How Does it Impact Home Loan Rates?
Updated Oct. 9, 2013
What is the Velocity of Money and How Does it Impact Home Loan Rates?. If you've been watching the economic news, you've probably noticed that market experts and traders have been keeping a close eye on the Commerce Department's Personal Spending and Personal Income reports. Obviously, those...

Understanding Credit Scoring & repair
Updated Oct. 9, 2013
Understanding Credit Scoring & Credit RepairBy Geoffrey Tirabassi. Credit remediation is a subject consumers often face with fear and trepidation, and for good reason. With the exception of recognizing that the best score wins, the average home shopper knows very little about the whole credit scoring...

Renters Have Much to Gain by Pursuing Home Ownership
Updated Oct. 9, 2013
Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride,...

Ready to Trade-In Your Home?
Updated Oct. 9, 2013
Ready to Trade-In Your Home? Perhaps You Should Remodel Instead! By Geoffrey Tirabassi, Mortgage Consultant. Each year, millions of Americans move into the home of their dreams. As time goes by, families expand, kids grow older, and suddenly that home isn't quite so perfect anymore. Or perhaps you still...

Why refinance back into a 30 year loan?
Updated Oct. 9, 2013
Refinance Your Mortgage for Rate and Payment Reductions - One of the biggest reasons homeowners refinance their mortgage is to obtain a lower interest rate and lower monthly payments. By refinancing, the borrower pays off their existing mortgage and replaces it with a new one. This can often be accomplished...

Credit Reporting and repair!
Updated Oct. 9, 2013
Understanding Credit Scoring & Credit Repair. By Geoffrey Tirabassi. Credit remediation is a subject consumers often face with fear and trepidation, and for good reason. With the exception of recognizing that the best score wins, the average home shopper knows very little about the whole credit scoring...

4 Reasons to Refi Now!
Updated Oct. 9, 2013
Four reasons to refinance in 2013. Many experts think that 2013 will usher in climbing interest rates thanks to Obama's inauguration - as well as a few other reasons.. By Terence Loose | Yahoo! Homes -. Are you waiting for the right time to refinance your mortgage? Well, some experts say now might be it.Why?...

What is Velocity of money? How does it impact rates?
Updated Oct. 9, 2013
What is the Velocity of Money and How Does it Impact Home Loan Rates?If you've been watching the economic news, you've probably noticed that market experts and traders have been keeping a close eye on the Commerce Department's Personal Spending and Personal Income reports. Obviously, those...