The Essentials of First Time Home Mortgage Loan Borrower
by Matthew Sanz Property ownership and buying a home for the first time can be an exciting yet mind-boggling experience ... ? 1. Good credit report: Your credit report will let lenders determine whether ... purchasing property? - Improve your credit report - Avoid [more...]
Date: 2008-12-26 09:13:23
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How to Avoid the 7 most Critical Home Buying Mistakes
by Rob Kosberg 1. Have your credit checked early in the process ... . It is not enough to get a free credit report from a single credit reporting agency. It is important that you have a mortgage planner obtain a tri merge report. This will provide scores from all 3 reporting [more...]
Date: 2008-07-17 20:27:03
Best Buy: Piper Upgrades; Sees Benefit From Rival’s Pain
Piper Jaffray retail analyst Mitchell Kaiser this morning raised his rating on Best Buy (BBY) ... s near-term prospects; credit research firm Gimme Credit on Friday cut its credit rating ... . Tomorrow morning, Best Buy will report results for its fiscal third quarter ended in November; today [more...]
Date: 2008-12-15 17:36:12
Bernanke Casts Doubt on Stimulus, Says Fed May Buy Toxic Assets to Loosen Credit
Warning that the timing of an economic recovery is “highly uncertain,” Federal Reserve Chairman Ben S. Bernanke said yesterday (Tuesday) ... about the continuing chokehold banks have put on credit to companies and households than he is about offering ... of the economy where liquidity has dried up for “credit easing”, reported the Guardian. “Credit sprea [more...]
Date: 2009-01-14 14:57:59
Real Car Deals for Those Ready to Buy Now
If you are in a position to afford or be able to finance a new car now, you may soon have the pick of the litter ... the possibility of errors on your report. Take advantage of your free annual credit report and check over every bit of information contained on your report. Credit scores that were once thought to be perfect [more...]
Date: 2008-11-13 15:22:23
Miss Singapore World Ris Low Resigns
Miss Singapore World 2009, Ris Low has given up her crown just days after her past conviction for credit card fraud was exposed. She had come under public pressure to be stripped of her 2009 title, after local media reported she stole seven credit cards last year, buying goods about S$8,000 ($5,662) including lingerie, gold anklets and phones. According to the organizer, Ris Low will no longer represent Singapore at Miss World 2009 in South Africa, but her replacement has not been finalized yet. [more...]
Date: 2009-10-01 15:31:06
Credit Report can save your Finances
Are you in a desperate move to guard your account or your credit cards? Or still striving for reports to get approved from lenders? ... check about 3 major credit bureaus before approving your extension of credit or loans. That’s why ... on these bureaus and might damaged your credit standing forever! So, if you’re planning to buy a new house [more...]
Date: 2008-10-23 03:59:41
Latest News In Stock Market Investment Research - Dec 19, 2008
Dassault Aviation buys Alcatel-Lucent’s Thales stake 19 Dec 2008 at 2:14am LONDON (MarketWatch) ... for more information on this news. Air Berlin shares jump after potential stake buy report 19 Dec ... in credit and structured credit and will also cease its more complex capital market activities [more...]
Date: 2008-12-19 09:40:48
Weekend Links Roundup
Be Careful Which Gift Cards You Buy! I have a $40 Sharper Image gift card. Sharper Image is closing down all stores ... or worth keeping, like bonds certificates. Get an Absolutely Free Copy of Your Credit Report from All 3 Credit Bureaus at annualcreditreport.com RC presents the way to get 3 free credit reports [more...]
Date: 2008-12-22 13:00:58
Credit Repair Agencies - is it a scam ?
It is important to have a good credit history in difficult economy. It is especially important if you are buying or refinancing a house ... fix for creditworthiness. You can improve your credit report legitimately, but it takes time ... is that negative, yet legitimate info can stay on your credit report for 7-10 years, under federal law [more...]
Date: 2009-01-05 03:36:53
Buying A House? Check Your Credit History Now
A lot of my friends are thinking about buying, or have already bought, a home this summer ... each year, which means there’s a uncomfortable chance your credit report will have something wrong ... your claim. Check your credit history for free at the government mandated AnnualCreditReport website [more...]
Date: 2008-06-06 17:53:23
Houses, Credit Reports, Lenders….ACK!
Wondering about buying your first home? Are you ready to move up or down-size? Have you heard they aren’t making loans any more? ... terms Lenders want: *Stable work history; Two years Employment in the same field is considered ... your needs. *Good credit; your credit score needs to be 620 or higher, in most but not all cases. FHA [more...]
Date: 2008-11-08 12:00:06
Today in Russian Business - Jan 14th, 2009
The financial crisis is having a dire effect on migrants who depend on money from their employers to support their families back home, ... is trying to encourage residents to buy apartments, saying that reports of anticipated price drops ... had its credit rating lowered to 'junk' by Standard & Poor's. The government wants to counter [more...]
Date: 2009-01-14 11:33:41
Buy Amway Products, Get Drink, Play Pool. And They Take Away Your Credit Cards.
Wired, reports that a credit card company has come under fire and FTC investigation for “behavioral scoring”: ... wouldn’t have any problem if my credit card company did things like this. And even the FTC itself doesn’ ... reducing credit limits for people who use a variety of services. These services included, “Direct [more...]
Date: 2008-06-23 16:12:59
Three Steps to Landing the Perfect Apartment [Apartments]
If you're convinced that renting makes more sense than buying, ... . In most cases the landlord may still run their own credit report and require you to fill ... . The key to their plan: preparedness. The post suggests bringing a printed-out credit report [more...]
Date: 2008-09-30 16:00:00
7 Critical Home Buying Mistakes to Avoid
by Rob Kosberg 1. They Do not have their Credit checked early ... like. It is extremely important to have a lender run a tri-merge credit report. A tri-merge is a report ... of the three. You would be surprised what is and what isn?t on your credit report. It?s important [more...]
Date: 2008-07-17 16:41:38
5 Credit Questions with Fair Isaac’s Barry Paperno
Following my guest post on my good friend JD’s Get Rich Slowly about How to Prepare for Buying a Home, ... it needs to be — particularly if errors on the credit report ... , otherwise known as your credit score, which is probably one of the the most important numbers you need [more...]
Date: 2008-09-23 16:11:34
Home Mortgage Loan: 5 Elements To Know Prior To Purchasing A House
While buying a home is an exciting effort in life, it is certainly not something you want to rush into ... so that you will be accepted. You will want to have copies of your credit report several months before you begin shopping ... Wikipedia 1. Clean your credit record Paying an amount big enough to buy a house is something [more...]
Date: 2009-01-03 02:15:41
Value No Longer Really Matters
Some housing bubble News from Wall Street and Washington. Bloomberg, “Taylor Wimpey Plc, reeling from the worst U.K ... . This has starved first-time buyers and buy-to-let investors of credit and pushed down house prices.” “ ... . The report ’suggests the pace of house price declines will continue or even accelerate [more...]
Date: 2008-06-30 18:54:10
Getting Your Finances In Check For a Coconut Creek Home Purchase - Part I
jority of people, buying a home is no easy feat especially when it comes to finances ... for a mortgage at all. Review your report with all three major credit bureaus, Experian, Equifax ... you took a look at your credit report? If you haven't reviewed it recently, now is the time [more...]
Date: 2008-12-22 20:42:59
Mortgage: 5 Elements To Know Prior To Purchasing A Home
While buying a house is a stimulating effort in a lifetime, it is for sure not something you want to rush into ... of your credit report several months before you begin shopping for a home so you know what to expect ... . Here are 5 important elements to consider before buying a house. 1. Clean your credit record [more...]
Date: 2009-01-02 14:13:35
Slowdown in American Economy Could Be Good for the Environment
In America, consumerism is rampant, no doubt about it. We’ve been bred to buy, buy and keep on buying even if you really don’t need anything else ... U.S. News & World Report Photo credit: Flickr ... . We constantly ‘upgrade’ our stuff. Decades of cheap credit have allowed this monster to continue [more...]
Date: 2008-08-15 13:00:45
Taxpayers, Congress Push Back Against Bailout
Monday 22 September 2008 by: Matt Renner, t r u t h o u t | Report Representative Barney Frank, ... money to buy this private sector debt - essentially using the taxpayer’s credit card to buy home [more...]
Date: 2008-09-23 01:02:02
The Best of August 2008
August was a great month here at FiveCentNickel, thanks in large part to contributions from readers such as yourself ... for Your Car-Buying Dollar Quicken 2009 Discounts Five Ways to Get Your Credit Report for Free ING ... Qualifying for an FHA Home Loan A Peek Inside Our FNBO Direct Online Savings Account Is Your Credit Union [more...]
Date: 2008-09-02 03:01:56
Ten steps to take before buying a home
I found this entry from back in March, 2005. It’s useful information, especially now as we enter the fall market ... more down at losing, depending on the type of mortgage you end up getting.) 5. Get your credit in order. Obtain a copy of your credit report. (Definitely do this - do it online if you want it done, fast [more...]
Date: 2008-08-26 19:00:25
William O’Donnell and others at financial giant UBS issued a report earlier in the week noting some reluctance by investors to buy government bonds ... the credit crunch, investors have demanded a greater premium on securities backed by mortgages, which means consumer rates are less tied to Treasuries than before. I asked O’Donnell if mortgage rates [more...]
Date: 2009-01-08 17:39:53
Global Investing Roundups Wednesday, November 26th, 2008
Consumer Confidence Climbs; Home Prices Record Plunge; Troubled Banks on the Rise; Oil Falls 7%; Slim’s Bank Buys Citi Stock; D.R ... for” 2009, a Credit Suisse Group AG (CS) report said. Source: Global Investing Roundups Wednesday ... , according to the S&P Case-Shiller Home Price index, which posted a 16.6% drop for the three [more...]
Date: 2008-11-26 13:12:23
iPhone Catches Another Criminal
Last week it was reported that iPhone owner Rob Greene’s MobileMe account helped lead police to his stolen smart phone ... before being apprehended by authorities, who were monitoring Frederick’s credit card purchases. They were caught after buying an iPhone 3G with the deceased senior’s credit card. The thickheaded thief [more...]
Date: 2008-12-31 12:40:21
Daily Links, Jan 8, 2009
Hope you've enjoyed the new year as much as these two have! What's to enjoy on the blogs today?Laorencha on the East Coast ... at Mingchuan UScott on DPP Education policy: a report card.Todd with an absolutely killer panorama ... team.Mark on how to buy Skype credit in TaiwanGlobal Voices Online on organic farming hereEastWindUP [more...]
Date: 2009-01-08 12:46:00
Mortgage Does Before Buying a Home
One of the most exciting effort a lifetime is buying a first house; however it is also something that must be done without risk ... as clean as possible so that you will be accepted. You will want to get copies of your credit report ... are 5 essential things to consider prior the purchase of a home. 1. Credit record cleaning Spending [more...]
Date: 2009-01-01 17:02:18
Same Old Mistakes, Different Day
Gustav threatens to shut down the oil rigs in the Gulf…trying to explain the mysteries of market cycles over dinner ... a year ago. Buyers - who can't get ready credit - are less able to buy. Demand, and prices go down. From the LA TIMES comes a report that prices in the Golden State have fallen 40% since the bear [more...]
Date: 2008-08-28 20:12:43
A-Z real estate vocabulary for home buyers and sellers
Nothing is more fundamental to buying or selling your home than understanding the language that realtors, lenders and others in the industry use ... , origination fee, hazard and mortgage insurance, credit report and appraisal fee. Debt-to-Income ... inspection. Annual Percentage Rate (APR) - The cost of credit expressed as a yearly rate. Bridge Loan [more...]
Date: 2008-12-02 21:05:42
Media Centers: Alternative, Open-Source, Cross-Platform Solutions - A FLOSS Comparison
Looking for an open-source alternative to proprietary media center solutions from big brand names like Microsoft and Apple? Tired of buying into their own closed and proprietary business strategies? Here is a report ... -comparison-guide-intro.jpg Photo credit: ishook A media center is a multimedia hardware/ software combo [more...]
Date: 2008-11-14 09:30:00
Falling Out Of A Bed That Gets Higher Every Day
The Herald Tribune reports from Florida. “Mark Brivik, a real estate investor who made a living buying, ... off her credit cards and ripped them up.” Still, even without credit card debt, Lesso is struggling [more...]
Date: 2008-11-24 14:34:43
Buy and Bail
From the Wall Street Journal: Some Buy a New Home to Bail on the Old Fannie Plans Rules To Avoid Practice Described as Fraud By NICK TIMIRAOS ... , since foreclosures can stay on a credit report for seven years. In some states, lenders can sue ... require those borrowers to make a 10% down payment and meet a minimum credit score after the five [more...]
Date: 2008-06-11 09:54:32
Bankruptcy and Buying a Home
Filing bankruptcy is a stressful time in a person’s life ... are now offering home loans for those who have a bankruptcy on their credit report. Some lenders will even ... . The loss of a job, unexpected medical bills, and overwhelming credit card debt are just a few [more...]
Date: 2009-01-03 08:57:46
It’s Payback Time
From the Pioneer Press’ Inver Grove Heights Police Calls: I always heard old people drive tanks, but here’s the proof: Hit-and-run accident: ... for the damage. I guess I should think twice before confronting someone over line jumping: Theft of credit card: A shopper at Best Buy, 1350 50th St. E., called police at 9:45 a.m. Dec. 23 to report a [more...]
Date: 2009-01-16 17:04:42
Buying A Home After Filing Bankruptcy
Buying a house after filing bankruptcy is a real possibility after a year ... be good enough to qualify for a conventional loan. It is also a good idea to check your credit report before applying for a mortgage. You can get an annual free report from any of the three reporting [more...]
Date: 2008-11-23 21:15:25
Home Mortgage Loan: 5 Elements To Take Into Consideration Before Buying A House
While purchasing a house is an exciting effort in a lifetime, it is certainly not something you want to rush into ... of your credit report several months before you start shopping for a house so you know what to expect ... of your annual salary. But even then, it is best to find a calculator online to help you figure [more...]
Date: 2009-01-05 13:01:40
The Ethical Inquisition of Tony Hall
The City and County of San Francisco Ethics Commission held a meeting on Monday evening on the fourth floor of City Hall ... the i's and crossing the t's on a campaign expense report detailing gas fees, and another $1,000 fine for using the wrong credit card when buying Hall's wife and daughter a pair of purses in Nevada.To call [more...]
Date: 2009-01-14 21:07:00
Prices are right, is it time to buy?
Recent data out from the National Association of Realtors (NAR) shows that its home affordability index (HAI) ... was calculated annually, and in 1973 the HAI averaged 147.8. (It’s highest annual average was 154.8 in 1972 ... years back. Those with weak credit reports or low down payments are finding fewer and more costly [more...]
Date: 2009-01-14 19:28:31
Sound Advice from a fellow EBA: How to Get The Best Deal in a Buyers Market
I came across a blog post today written by an EBA peer in Nashville entitled "Buying Real Estate - How to Get The Best Deal in a Buyers Market ... is in your plans...be sure to arrange for it ahead of time. Be sure to obtain a copy of your credit report and correct any mistakes...NOW! If you plan to live in the home as your primary residence [more...]
Date: 2009-01-07 22:25:00
Getting the Paperwork Started for a Home Purchase
The resolve to buy a home is both thrilling and worrying ... , but you will obtain your reward for excellent preparation when the loan process and closing progress goes smoothly and without incident. The first step in this process is getting a copy of your credit report [more...]
Date: 2008-12-23 02:04:31
Tips For Buying New Car
Most people can not plop down the cash to buy a new car outright. That means most of us finance new vehicles ... the finance guys at a dealer claim they have an “official” report that grossly undercuts your credit score ... online, or getting a loan from your bank. That last option is worth a serious look. Most dealers [more...]
Date: 2009-01-05 05:02:50
Pending sales take a big dive.
Jan. 6 (Bloomberg) -- Fewer Americans signed contracts to buy previously owned homes in November as credit markets seized up and a deteriorating ... 85.7 in October, the National Association of Realtors said in a report today in Washington. Pending ... to a gain of 1.5 percent. Today’s home-sales report showed declines of 7.2 percent in the Northeast [more...]
Date: 2009-01-07 05:43:00
"McCain Is The Real Health-Care Reformer"
According to the Wall Street Journal,"It's good politics for Mr. Obama. But it's bad policy. Mr. McCain's proposal -- to give every American the tax credit businesses get for buying health ... who get their health insurance at work has been shrinking. In August, the Census Bureau reported [more...]
Date: 2008-10-07 23:21:07
Thursday Stories: Why Real Estate Is Down; Sun Sets On Saturn; Health Care Flowchart
Stories I'm reading this Thursday: Report: 1 in 3 home loan applications rejected Are distressed homes worth buying? Bernanke navigates regulatory "turf war" No surprise as credit card delinquencies hit new highs Collapse of Saturn deal stuns GM China keeps snapping up African oil Landlord sets example more should follow Mastercard takes a swipe at 7-11 The ultimate health care flowchart Bill Gates once again [more...]
Date: 2009-10-01 16:37:07
Good news, bucking the trend and the 3 P’s
As usual in any new year there seems to be lots of customers out there buying lots of cars but hold on aren’t we supposed to be in a recession? ... of used cars and writing finance business to support it then we will obviously report ... in trouble long before the “credit crunch” and talk [more...]
Date: 2009-01-12 14:08:09
FHA Loans- Affordability Solutions for First Time Homebuyers
Author: Jared Martin “FHA” and “First Time Homebuyers” are real buzzwords as far as home buying is concerned, ... Housing Authority. Recent events in the credit markets have made the FHA loan a true affordability ... , there would be very few people buying houses these days. In mid-December of last year, a report [more...]
Date: 2009-01-02 03:10:31
I Don't Believe We're On the Eve of Consumption
Santa by Dice TsutsumiJust returned from a failed excursion to buy Chanukah candles at the store ... a report on NPR yesterday about a man who gave out five dollar checks during the Great Depression to help ... knew the man. The man didn't want any credit for his actions; just wanted to do something nice [more...]
Date: 2008-12-24 15:13:00
