The days may be numbered for dozens of Internet-based companies that promise to quickly boost FICO credit scores by 200 to 300 points.What is credit piggybacking???Using a FICO-boost service, a mortgage applicant with a history of late and missed payments and a low FICO score in the 500s, for exa
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09/20/2007
Choosing a mortgage loan is not as easy as simply finding the lowest interest rate. There are many other factors that will determine which mortgage is right for you. Your financial picture, including your income, savings, cash reserves, and debt-to-cash ratio will determine how much you can affor
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09/20/2007
Who is to blame for our Real Estate slowdown?Is it the mortgage brokers? The agents? The Fed? The investors? Buyers?There are many reasons for the housing slowdown, but I think this is a completely normal correction in our housing cycle and there is nothing that could have stopped it. It is just
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09/20/2007
In a slow market, sellers need to do everything possible to help get their home looked at. Here are some basic tips.1. Beware of grand gestures:Exterior improvements should be in keeping with the scale and proportion of your house and fit in with the neighborhood. So as lovely as a formal colonna
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09/19/2007
The fed lowered rates today 1/2%. They did shock the stock market, which shot up over 300 points, but will this help the housing market? I think not! or at least not for the short term. There are way too many negatives in the Real Estate market right now for a small decrease in rates to overcome
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09/18/2007
PROS Selling your home without an agent means More Money. If that's not an incentive, what is? By selling it yourself you save the fees or commissions (thousands of dollars) that you would have to pay an agent. But beware, many people make costly mistakes that will cost much more than hiring an a
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09/18/2007
If you are new to real estate investing and considering buying foreclosure properties, you need to be realistic about what you are facing. Foreclosure investing is not a good investment approach for beginners. I recommend that you have at least a couple of years' experience with more traditional
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09/17/2007
Are you having difficulty selling your home or other real estate? Or would you like to buy a home or an investment property but you don't have enough cash for a down payment? If you answered "yes" to either question, a lease with option to purchase may solve your problem. But it's important to un
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09/17/2007
I am seeing a great opportunity for anyone buying a home in this current market. Foreclosures are here and should be taken advantage of! They are a great way for buyers to get a deal and a possible purchase of a home at a 15-30% discount. Many investors are now on the sidelines, but I believe whe
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09/16/2007
