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fico score: Increase In Short Sales Give Housing Market Breathing Room - 01/03/12 06:03 PM

Short sales up, foreclosures down. That's because in many cases a short sale may be the lesser of two evils for banks and homeowners versus a foreclosure. It's a tarnished silver lining for people at risk of losing their houses and homeowners in neighborhoods blighted by bank-owned properties, but the robo-signing scandal that slowed the foreclosure process to a crawl appears to have increased lender interest in short sales.
Foreclosure sales are pretty devastating," said Faith Schwartz, executive director of Hope Now, a resource for homeowners facing foreclosure. "We'd much prefer a modification, but if  homeowners don't quality, then the next best … (1 comments)

fico score: A Good Credit Score Can Get You An Affordable Home - 12/14/10 05:09 PM

As you know it is important to have a good credit score. A high score can help you qualify for loans with the lowest interest rates, auto insurance at the lowest premiums, and even beat out your competitors for that dream job.
However, having a good credit score is even more important today. That’s because homes across the country are at their most affordable levels in decades, but you won’t be able to qualify for a mortgage loan for one of these bargain-priced residences if you don’t learn how to keep good credit.
The most recent Housing Opportunity Index, a … (0 comments)

 
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Ira Freireich, Excl Buyer Agent

Valley Stream, NY

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Best Buyer's Broker Realty

Address: Serving home buyers in all areas of, Queens, Nassau and Suffolk Counties

Office Phone: (516) 887-6901

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