COPE WITH FRED

First Time Homebuyer: Were you ever a Boy Scout? "Be Prepared" is the Scout's motto; but it makes a lot of sense to approach your loan application being prepared. No matter how exhaustive the list, there may well be a request for additional information. But let's cover the likely things to begin ...

TODAY IS MEMORIAL DAY--Not an excuse for a 3-day holiday!!!   Did you stop to reflect on the great price that has been paid for your freedom??? I hope each of us took time to think about our freedom, to think about the cost of that freedom, and those who paid the ultimate price. To every GI, and ...

First Time Homebuyers Un-wittingly Increase RISK of Loan Denial by some of the things they do.  It is not intentional, and is often something totally un-necessary.  One applicant, I remember, had done an excellent job of saving his downpayment, and his credit file was near flawless.  So what did ...

Tea, Anyone?  Do you think the politicians are starting to get the message that we are "Tea'd-off"?  I hope so.  Are you tired of being played like a fiddle?  Are you tired of finding someone else's hand in your pocket?  I am.  I don't care about the (D) or the (R) after their names--I do care th...

First Time Homebuyers CAN REDUCE THEIR RISK!!!  Every potential homebuyer wants to increase their likelihood of being approved for the best loan with the lowest rates and most beneficial terms.  Every homebuyer has three questions about the financing of their new home: How much will the monthly p...

First Time Homebuyers: Understanding "RISK" is a follow up promised in a previous Blog: First Time Homebuyers' Top Ten Needs.  In discussing Credit, "RISK" was mentioned.  "RISK" has everything to do with an underwriter's decision-making process.  The person with a long, abundant and impecable cr...

First Time Homebuyers have all viewed David Letterman's "Top Ten" lists, and laughed hystericallay; but buying that first home is no laughing matter!  However, with an honest and realistic approach to puchasing your first home, you can (and should) enjoy the adventure.  Twenty-seven years of help...

In the past several days, many of us have struggled to get onto ACTIVERAIN, and I'm sure there have been some words of frustration uttered...  I know much energy and effort has been put forth by our great ACTIVE RAIN staff, and I for one want to say "Thank You for all your hard work." I'd like to...

Many people come here to ask questions, wanting to know "How to..." do something they want to learn.  A wise man once said, "He who knows not, and knows that he knows not is simple-TEACH HIM."  And he added that "He who knows, and knows that he knows is wise-FOLLOW HIM."  There are subjects where...

"What's that got to do with anything?"  "What's that got to do with the price of eggs in China?"  You've heard those expressions, haven't you?  Well, it struck me one day, that I often quote my Dad, and that someone might wonder "What's that got to do with what we are talking about?"  It has a lo...