Top 5 Ways to Position Yourself if You Want to Buy a Home in 2019

Top 5 Ways to Position Yourself if You Want to Buy a Home in 2019

• Get a copy of your credit report through www.MyFico.com. This will give us your true mortgage scores without a hard inquiry on your credit. You can also get a free copy of your report through someone like www.freecreditreport.com but it won’t give you the scores we use. There are 48 different FICO scoring models but only one that mortgage lenders use. No surprise, that this model is more conservative than most.

• Through an educational process, we can assist with ...

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Credit Repair Companies

Credit Repair Companies

If you have had credit challenges in the past, beware of unscrupulous companies that promise they can solve all your problems. Far too many take advantage of you. They typically will charge you an upfront setup fee and then a monthly charge for as long as you remain a client. Most of them just take the “shotgun” approach and dispute every negative item on your report, every month. The credit reporting agency is then required to ...

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Child Identity Theft

Child Identity Theft

So, you’re concerned about identity theft for yourself, but have you ever thought about your child being a victim? Last year alone, more than 1 million children under the age of 18 were targets. Unfortunately, 60% of the time, child victims new their perpetrators whether that be a parent or guardian, other family member or a friend of the family. In these cases, it’s almost impossible to stop because they have access to their personal information. ...

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SO, YOU NEED A MORTGAGE:

SO, YOU NEED A MORTGAGE:

IS YOUR BANK THE BEST PLACE TO GO? – Part 2

Last time, we presented a few things to consider if you are thinking about financing for your new home. Specifically, should you use a local bank or a Mortgage Banker? It may seem like the logical step is to call your bank. They have your banking accounts and since the Bank has your financial information, the process will be easier. Unfortunately, this is rarely the case. ...

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SO, YOU NEED A MORTGAGE:

SO, YOU NEED A MORTGAGE:

IS YOUR BANK THE BEST PLACE TO GO? – Part 1

You’ve decided to make a move and buy a new home, what’s next? The first step should be to obtain a Pre-Approval Letter. It may seem like the logical step is to call your bank. They have your banking accounts and since the Bank has your financial information, the process will be easier. Unfortunately, this is rarely the case. In fact, it is typically a much ...

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CREDIT SCORING 101

CREDIT SCORING 101

Some of the most important things you need to know as an adult are not taught at school, and Credit Scoring is one of those things. As a matter of fact, we knew very little ourselves when we started this business 15 years ago. Since then, we have learned how important it is for everyone to understand credit scoring because it’s fundamentally important in every facet of life— from finding a good job, to buying a car, to obtaining insurance ...

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Have You Checked Your Credit Score Lately?

Have You Checked Your Credit Score Lately?

With it already being almost May and the transition into 2014 having finally ceased, you might be considering a move. Since real estate prices are up over 13% from last year in metro Atlanta, some of you may finally feel like you can sell for a price that makes sense. And based on real estate analyst predictions for the next year, it may benefit you to check out our previous post to find out what it could cost you ...

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Boomerang Buyers – The Next Homebuying Explosion

Boomerang Buyers – The Next Homebuying Explosion

The most recent recession affected each person and each family differently. Due to unfortunate circumstances beyond their control, many people lost their home. From 2009 – 2011 over 50% of all residential homes sales were attributed to either short sales or foreclosures. Fortunately, times have begun taking a turn for the better- Individuals, families, and businesses are finally getting back on their feet and the next home buying explosion is on the rise! To the benefit of those who may ...

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Is my credit good enough to purchase a home?

Credit challenges often prevent folks from even considering home-ownership. This is a mistake. Even in the worst credit situations, you have to have a starting point. Once we have a loan application and pull a copy of your credit, we can make a quick determination if it’s possible to get you a loan and under what terms (what size down payment, if any, and at what interest rate.)

If we determine that a loan is not possible at this time, or ...

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