Pamela MadoreThe Pamela Madore Grouphttp://iloveamarillo.comHow Accurate Are Credit Reports I cannot begin to tell you over the years how many times I have heard, "but that isn't mine" or "that isn't right" or "I paid that off".   And how that affects your credit score is serious.Think about how often your mail has a misspelling of your name or a mistake in your street address. Then imagine the possibility of error in a report that has much more information about you. Cases of mistaken identity, out-of-date information and outright errors can easily occur.Federal Reserve Bank of San Francisco   Each of the three big credit bureaus have at least 200 million credit files. So a 1% error would translate into 2 million consumers per bureau.Tara Siegel Bernard    Percent of consumers who file... 04/02/2015

Pamela MadoreThe Pamela Madore Grouphttp://iloveamarillo.com What Is The Cost Of A Low Credit Score? A term that lenders use is called "tiered pricing".  Your  credit score puts you in a category that puts you in a particular "tier".  Based on this, that is what your interest rate becomes. At least 80% of credit reports are incorrect.  Most of the mistakes create derogatory items on your report which is reflected in your credit score which is reflected in the interest rate that you receive.This chart shows what lenders believe is the risk factor for mortgage loans and whether the borrower will pay the loan back on time. Lenders judge the risk your loan will be according to the above chart.  If 80% of credit reports are wrong your risk factor may be completely inaccurate.    Am I a High ... 04/02/2015

Pamela MadoreThe Pamela Madore Grouphttp://pinkhouseteam.com Don't Panic.  Anything can be fixed given time. Credit Reports can look like a tangled mess sort of like those formulas that geniuses write on black boards. It takes someone experienced in reading a credit report to help you understand what it says. And know this---not everyone can plainly show you what it means nor show you how to fix it.   There are many credit repair companies but in my view you are perfectly capable of fixing your own credit report with a little understanding of how the process works. A credit report will typically start with all your good stuff first.  The information reported is: Type of credit (loan or revolving)When you opened the creditThe high balanceThe current balanceThe paymentHow many months you ... 04/02/2015

Pamela MadoreThe Pamela Madore Grouphttp://pinkhouseteam.com Pay your bills on time. Just a 1 time error of 30 days can significantly drop your credit score and it could take a long time to recover. Credit Scores and Late Payments  Sometimes your bank will let you "skip a payment" over the holidays.  Be certain they don't mark it 30 days late.   If you have student loans and they going into deferment it generally takes 90 days for that to happen. Pay your payments through this process or you will end up with a rolling 90 day late payment. That means it will show 90 days late forever.   Take good care of the credit you have. Credit cards I. E. Revolving accounts have more impact on your score than an installment loan such as a truck payment. The mistakes many people make are to 1) pay th... 04/02/2015

Pamela MadoreThe Pamela Madore Grouphttp://pinkhouseteam.com   What Credit Score Do You Need To Buy A House Before we talk about how much of a credit score you need. Let's talk about what a credit score is. There are 3 credit bureaus that are used to determine your credit rating.  They are Equifax, TransUnion, and Experian. Each bureau reports a score from each credit source you have. Generally 2 out of the 3 have to be above the minimum credit score for the lender.  The formula that is used to determine the score is like that professor that has all of these formulas written all over the chalkboard.   "This is the most important number that you will never understand."   David Luna Here are the ranges: Equifax---300 to 850TransUnion--336 to 843Experian--300 to 900   It has been years si... 04/02/2015

The Pamela Madore GroupPink House TeamKeller Williams Realty806-340-7630 IT WAS A LONG TIME COMING Perseverance and patience and stick-to-it-ness and finally we made it to the closing table. The Pamela Madore Group Has Patience! I was beginning to wonder if I knew how to do my job.  The rule of thumb is that you can find a property for a buyer within 3-4 weeks.  We were over a year.  I don't dare think of how many consults we had or how many houses we looked at. They said this is our top 5 and even when we found a house with the top 5 it wasn't just right. Crazy Sneakers The interesting thing was they weren't really that fussy.  There were just certain things they needed to fit their families needs. We got to know each other.  They know what I look like after I just got out of bed and I... 03/26/2015

Pamela MadoreThe Pamela Madore Group806-290-1920 Why Choose The Hard Way To Sell Your House? The is a true story and may get a little yucky at times but I think it is a good example of doing it the hard way or the easy way. The person in question has a sebaceous oil gland cyst.  I really don't even know what that means except that it is big and it hurts really bad. Not the real picture of the cyst. At this point, he is in hydrocodone type pain.  The thing is as big as a grapefruit. Something has to give. His wife and I had an idea. Here is our conversation: Me: How about just go out in the garage and get a drill. Her:  Ohhhhh no that just gave me a really disgusting visual!! I'm sure (husband) at this point would be willing to do that.  I can barely touch it and he jumps. Me:  It just n... 03/23/2015

Julie SaulsThe Pamela Madore GroupPink House TeamKeller Williams Realty806-341-1236 3001 Rocky Road in Amarillo, TX 79118 Some people like to live in the quiet of the country.  Except for the occasional barking dog, it is quiet here on Rocky Road. 3001 Rocky Road To the locals the area is called Ranch Acres South. It is outside of the city limits of Amarillo.  That means you have less restrictions as far as what you can use the property for.  Many people like the area because they can have horses or goats or the like. The property sits on one acre and lots of it is fenced.  The owner built special gates in the fence to allow for a horse trailer or a motor home to driving into the back yard. This house is a 3/2 with a 2 car detached garage/shop. It has a cozy fireplace and a separate off... 03/18/2015

Pam Madore Keller Williams Realty 806-290-1920 PRICES ARE CHANGING DAILY.  WE ARE GETTING MULTIPLE OFFERS.  WHAT IS YOUR HOME WORTH  TODAY!  TO GET YOUR FREE REPORT FILL OUT THE FORM BELOW.  DON'T LOSE MONEY ON YOUR SALE!!Pamela MadoreKeller Williams Realty3955 S Soncy Amarillo TX 79199http://www.iloveamarillo.com/ 806-290-1920   03/06/2015

March 5, 2015   Call 806-340-7630 to Buy or Sell Amarillo Real Estate 16551 Dove Prairie Road,  Canyon TX 79015 $275,000Listing ID 15-88894/ 4 bedrooms/2 baths/2 car garage2323 SQ. Ft.  on 2 acres  16551 Dove Prairie Virtual Tour Houses for sale in Amarillo Between $250,000 and $325,000  Schedule and appointment to see 16551 Dove Prairie  Pamela MadoreKeller Williams Realty3955 S Soncy Amarillo TX 79199http://www.iloveamarillo.com/ 806-290-1920   03/05/2015

Pamela MadoreThe Pamela Madore GroupKeller Williams Realty   How To Get A Loan To Buy A House Amarillo TX:  The Truth About Secured Credit Cards Sometimes in order to get a loan to buy a house your credit score isn't quite where it needs to be. Most of the time you will get advised to get a secure credit card to increase your score. Unfortunately, you don't always get instructions on how to make it increase your credit score. A secured credit card is simply when you take $300 to $500 or so to a bank or lending institution and they will give you a credit card in the same amount. Great now you have the card.  What do you do next? All anyone said was to "use it".  That could mean a myriad of things. Here are some rules to live by.  There are 3 credit reporting bureaus  They are Experian, E... 02/28/2015

The Pamela Madore Group At Keller Williams Realty Has Listed 16551 Dove Prairie In Canyon TX   Dove Prairie is a development of mid-higher priced homes located South West of Amarillo in Canyon.  The development is less than 10 years old and the houses are on 1-2 acre lots.  They are all on well and septic. In 2006, 16551 Dove Prairie was featured in the Parade of Home.  Builders throughout Amarillo and Canyon build a top of the line showcase house to allow Realtors and the general public an opportunity to see the quality and originality of their work. The Pamela Madore Group's new listing has many features and benefits that are beyond the norm. "We think this home will sell very quickly.  There are currently 8 homes for sale in the area and only one has more square footage as ours and i... 02/22/2015

I just returned from the 2015 Keller Williams Family Reunion.  The vision speech from Gary Keller enlightened me as it always does.  The following information provided will help you decide if the time is right for you to sell or buy a new home.   Home sales started out slow nationally but returned to a healthy trend once the first quarter was over. The median price increased 5.8% nationally and 3.1% in the Amarillo area. We appear to be nearing the end of the bounce back effect on home prices and moving toward a long term growth period. Home inventory loosened in 2014 which eased price growth back to sustainable levels. Mortgage rates averaged 4.17% in 2014, up 19 points from last years average. Rates balked most economist predictions and trended downward for most of 2014. The percentag... 02/15/2015

  This is a great 3/2//1 out in Pleasant Valley.  It has an in ground pool (needs resurfacing), two living areas and a fireplace.  The roof is brand new and the AC is very recent. Take a look  at all of the details here! Other Houses For Sale In The 79108 zip code.Pamela MadoreKeller Williams Realty3955 S Soncy Amarillo TX 79199http://www.iloveamarillo.com/ 806-290-1920   02/09/2015

   4307 SE 15th  Amarillo, TX Affordable 3/1 House In Northeast Amarillo Want a nice brick house on a quiet street in Amarillo?  How about a great fenced in front yard so kids and dogs to play?  Well here it is!  Let me tell you about it. The Pamela Madore  Group proudly presents 4307 SE 15th Ave. in Amarillo, 79104.  It is located near Grand and I-40. 4307 SE 15th.  The Picture Doesn't Do It Justice This home could be considered a starter home or a first time home buyer home.  It, does, however, have 3 bedrooms which starter homes in the price range usually don't.  The rooms are good sized and all have roomy closests.   The bathroom has been totally remodeled.  Newer roof.  It has central heat and air, also something you don't often find in this price range. I can't explain the kitchen... 02/09/2015

Pamela MadoreThe Pamela Madore GroupKeller Williams Realty806-340-7630 Take A Tour It is always better to go in person but sometimes when you are short on time you can find the perfect property for you by looking online. Imagine a quiet summer evening sitting on the back patio having a barbecue. Dad is working in his 24 x 24 shop and the kids are playing in the  backyard. You are in the country and there isn't the constant sound of traffic.  The most you will hear is a dog barking here or there. 3001 Rocky Road Amarillo The current owner decided if he was going to do any work he was going to do it right.  The first thing he did was put in new double pane windows all around including new sliding doors going out to the back patio.  He redid the master bathroom for extra room.  He took out... 02/03/2015

Pamela MadoreThe Pamela Madore GroupPink House Team806-290-1920http://pinkhouseteam.com Everyone Wants Outside The City Limits With A Shop in Amarillo Well, not everyone.  The ones that do want to move there all seem to want the same thing--a 3 bedroom, 2 bath home with a garage/shop on an area. Agreed? 3001 Rocky Road Look no further.  We have just that.  The house is a mobile that has been updated with all new double pane windows, remodeled master bath,  some new wiring, newer heat and air, new roof. Open floor plan. 3001 Rocky Road In addition to the 3 bedrooms, there is an office that could be made into a 4th bedroom.  The double sided wood burning fireplace is in the living room and the office.  Great for those chilly nights and the smell of wood smoke. The 24 x 24 shop or garage i... 01/29/2015

 The Pamela Madore Group at Keller Williams Realty Welcomes Taylor English As A New Buyer's Agent The Pamela Madore Group also know as the Pink House Team at Keller Williams Realty is expanding to meet all of their buyer and seller needs.  Officially a Team less than 2 years ago they now have Pamela Madore as Team Leader. Kala Holland as Administrative Assistant, Julie Sauls as a Buyer's Agent and now has added Taylor English as an additional Buyer's Agent. Taylor English The role of a Buyer's Agent is to only work with buyers.  In this increasingly complicated world, including the world of real estate, the single agent is finding it very difficult to keep up.  Each person on the Team has their own role and responsibilities and the result is a smooth transaction for our buyers and selle... 01/18/2015

  List With Us Today! Inventory Is Low.  Need Houses Between $120K-$140K In 2014 almost 400 houses sold in that price range.  That is more than 30 a month and at this very moment we have only a 3 month supply. Why is that a magic number? The $120,000 to $140,000 price range fits many first time home buyers.  When you bought your home you could very well have been a first time home buyer. That price range keeps the payment affordable for a new buyer with under $1000 payment and under $50,000 income needed. First-time home buyers are beginning to receive their income tax refunds and are beginning to start looking. Is your house in that range?      Pamela MadoreKeller Williams Realty3955 S Soncy Amarillo TX 79199http://www.iloveamarillo.com/ 806-290-1920   01/17/2015

  FIVE GREAT TIPS ON HOW TO MAKE A PROFIT FLIPPING A HOUSE   Net Profit In Cash You can go to seminars and buy all the books but the best way to learn to flip a house is to just do it.  It may also be the most costly.  I know someone that lost $70,000 on his first flip.  I made $100,000 on my first flip.  Correct information is key. WHY DO YOU WANT TO FLIP A HOUSE?Just like anything else in this world, it takes hard work to go through this process.  If you are thinking easy money, get rich quick and easy then you may as well take up crocheting. Flipping a house is not for the faint of heart.On the other hand it can be exhilarating and a real high. If you love to solve problems this is definitely something that you would love!   WHAT IS YOUR BUDGET Are you paying cash?  Do you need finan... 01/11/2015