GetPrequalified.com Blog

Debt Negotiation Companies

GetPrequalified.com LLC — Sat, 15 Aug 2009 14:13:01 -0500

With the economy down, blood is in the water for some debt negotiation companies. I see the ads on tv saying that you can cut your credit card debt in half. I would be wary. I'm sure that there are some good firms out there but many jump in with the pull of quick and easy money from desparate people. Before you sign up with any company check them out first. Just a quick Google search will go a long way in most cases.

Mediation should be the first option in settling Real Estate disputes

GetPrequalified.com LLC — Thu, 21 May 2009 17:22:01 -0500

Going to court to get something settled can not only be draining on your wallet but also on your being. If you are having a conflict with a real estate transaction, you may want to talk to a mediator first befor an attorney. Mediation can not only resolve issues faster but it can save you on your wallet as well. Mediation is a way to resolve conflict in an efficient manner. In mediation both sides work together rather than against each other.

Mediation is one of the fastest growing alternatives to going to court. Some courts even require that parties go to mediation before litigation.

Arizona Mediation

Get Home Buyer Help

GetPrequalified.com LLC — Wed, 20 May 2009 12:31:05 -0500

What do you need to know to buy your first home?

knowledge of the homebuying process
knowledge of terminology
Credit scores above 620
Cash for closing costs and down payment
education of down payment assistance programs in your area
Full time employment
Knowledge of mortgage programs

For your first time in the market I would definately seek out the services of a professional. A bad real estate transaction will stay with you a long time.

$8000 home purchase tax credit for FHA home loans

GetPrequalified.com LLC — Thu, 14 May 2009 10:42:25 -0500

FHA mortgages will soon be a lot better for home buyers and first time home buyers. Hud and FHA plan on giving buyers an $8000 bridge loan that they can use now to buy a home rather than wait to get their refunds. Not all of the details have been outlined yet.

FHA tax credit program

How to improve credit scores and fico scores

GetPrequalified.com LLC — Fri, 08 May 2009 11:16:28 -0500

When is comes to improving your credit scores there is a lot of bad information out there. The reality is that it only takes a little common sense and it will go a long way towards improving your credit.

Don't buy what you can't afford
Don't go over 30% of your available credit on your credit card
Don't cancel old credit cards. If you do, your credit history goes out the window
Don't get too many credit cards
Be mindful of what credit cards you are getting. Department store credit cards lower the quality of your credit mix

How to raise your bad credit score

Understanding Your Fico Score

GetPrequalified.com LLC — Wed, 06 May 2009 11:02:24 -0500

The more you understand your fico score, the better you will be able to navigate the mortgage marketplace. It is important that you understand your credit scores as well as your credit history. There is more than one type of mortgage loan. Your fico credit score will dictate what programs you will be eligible for. Typically the higher your credit score is, the better interest rate you will get.

Different Types of Mortgage Loan Programs For First Time Home Buyers.

    * getting the best mortgage interest rate
    * First Time Home Loan Buyer Programs
    * Down Payment Assistance
    * Home Path Mortgage Program
    * FHA Mortgage loans, great for first time home buyers and buyers with low credit scores

Most Consumers Want to Know the Following about Credit Scores

    * How to improve your fico score
    * What factors impact your credit score
    * How to recover from bankruptcy or foreclosure
    * Credit Restoration

For more information about credit scores talk to your mortgage professional.

Fico Scoring

Get an $8000 Tax Credit For Buying Your First Home

GetPrequalified.com LLC — Fri, 01 May 2009 16:26:47 -0500

Take advantage of the 2009 American Recovery and Reinvestment Act of 2009. You can now get a $8000 tax credit just for buying a new home. That's dollar for dollar against your federal income tax returns. You must be a first time home buyer to be eligible for the program. The home must be your primary residence as well. The home you buy must be from someone that is not related to you.

8000 tax credit information

10000 California home buyer tax credit

What is the Difference Between A Tax Deduction And A Housing Tax Credit?

GetPrequalified.com LLC — Fri, 01 May 2009 11:51:26 -0500

Tax credits are a decrease in the amount of Federal Income Tax that you owe that is based on your tax bracket. A tax credit is a dollar for dollar decrease in the amount of tax that you owe. The Obama $8000 tax credit is dollar for dollar off of your income taxes.

A tax deduction will reduce the amount of your income that is taxable by the IRS or the state. It is not dollar for dollar like a tax credit.

Pennsylvania Tax Credit

HomePath Mortgage vs. FHA Mortgages

GetPrequalified.com LLC — Wed, 29 Apr 2009 13:32:52 -0500

A HomePath Mortgage may be a better mortgage than an FHA mortgage. A HomePath Mortgage mortgage loan only requires 3% down whereas an FHA mortgage loan can require up to 3.5% down. There is no Private Mortgage Insurance on a Home Path Mortgage. An FHA mortgage has mortgage insurance as well as a 1.5% funding fee up front ouch. There is no appraisal required for a HomePath loan.

Home Path mortgage information

Tax Credit For Energy Efficient Improvements

GetPrequalified.com LLC — Wed, 29 Apr 2009 12:49:23 -0500

The American Recovery and Reinvestment Act of 2009 that President Obama passed provides many home improvement tax credit for people that do energy effient improvements to their home.

How to Qualify for Energy Efficient Home Improvement Tax Credits. You must purchase and install the energy efficient items between 1/1/2009 and 12/31/2010.

8000 housing tax credit explained

GetPrequalified.com LLC — Mon, 27 Apr 2009 16:48:09 -0500

How the 8000 first time home buyer tax credit can be confusing. Here is some information that should clear up exactly how the 8000 tax credit works. It is a significant change to the $7500 tax credit that was passed during the Bush Administration.

Ask your lender to Produce the Note - Avoid Foreclosure

GetPrequalified.com LLC — Mon, 27 Apr 2009 12:45:28 -0500

If you are not getting anywhere with your mortgage lender or bank in trying to secure a loan modification, you may want to ask them to produce the note. A lender must be able to produce the original mortgage note to proceed with a foreclosure in most states.

What is the HomePath Mortgage? by Hud and Fannie Mae

GetPrequalified.com LLC — Mon, 13 Apr 2009 19:25:20 -0500

The HomePath mortgage program by Fannie Mae allows a buyer to purchase a Fannie Mae or Hud home. Hud and Fannie Mae are essentially the same thing. The other exciting fact about this program is that it allows investors to use the program. You can now finance up to 10 investor owned properties.

The main benefits of the Home Path Mortgage;

No appraisal.
No PMI
3% down payment, which can be borrowed.

Additional information on the HomePath Mortgage loan.

How to use the HomePath Mortgage to buy a home.

Common Places Where People Get Stuck In Their Businesses

GetPrequalified.com LLC — Mon, 19 Jan 2009 11:07:48 -0600

1. Fear of Asking for Help - People in business want to do well, but often do not know where to get help that will make a difference. The common fear is that if you ask for help it shows that you do not know what you are doing. So this keeps people from asking. Conversely you may actually think you don't know what you are doing if you ask for help.

2. Fear of Being Taken - The next biggest hurdle is the fear of being taken advantage of. Business owners are afraid of being taken by an expensive business consultant.

3. Fear of Hiring Another Bad Management Consultant - Just because you have tried it once and it failed doesn't mean that it wont be effective with another business consultant. You may need to move past your fears and hire another consultant.

by Innovative Management Solutions

List of Phone Numbers For the Major Banks For Loan Modifications

GetPrequalified.com LLC — Sat, 20 Dec 2008 12:49:18 -0600

Here are links to two articles that have the phone numbers to the major banks and their loan modification departments. Hope this helps. You should not have to pay someone to modify your loan. You can just call your lender directly.

Loan Modification info

Loan Modification information

Loan Modification Information

GetPrequalified.com LLC — Wed, 17 Dec 2008 16:42:55 -0600

If you are behind on your mortgage an are worried about foreclosure, you may want to call your bank to see if they will do a loan modification for you. Do not wait until you are days away from foreclosure. You should get the process started as soon as you see a problem. The first place to start is to call the number that appears on your mortgage statement and ask for the loss mitigation department.

Loan Modification Center

No Appraisal Needed For An FHA Streamline Refinance

GetPrequalified.com LLC — Wed, 17 Dec 2008 16:05:38 -0600

You do not need to have an appraisal to do an fha streamline refinance. In fact you can be upside down and still get an fha streamline loan refinanced approved without income or assets. You can even have bad credit because your credit score is not even considered.

FHA Streamline Refinance a No Doc Loan?

GetPrequalified.com LLC — Mon, 08 Dec 2008 23:31:48 -0600

Doing an FHA Streamline Refinance is even easier to do than a no doc loan. On a no do loan (which you can't get anymore) you need an appraisal. On an fha streamline refinance you don't need anything. Amazing. If you are having a hard time with your mortgage payment and you are current on your fha loan, you would be eligible for the streamline refi. You do not need to provide asset and job info for the fha streamline.

If you have any questions please call me at toll free 1-888-368-6668.

First Time Home Buyer and Down Payment Assistance Directory

GetPrequalified.com LLC — Sat, 22 Nov 2008 15:02:38 -0600

The GetPrequalified.com first time home buyer and down payment assistance and program directory is complete for all 50 states. Find out what program your state and municipality offers. The best part is that all the information is free.

Down Payment and First Time Home Buyer Information

Google Juice

GetPrequalified.com LLC — Sat, 22 Nov 2008 10:53:29 -0600

Get Google Juice by publishing on GetPrequalified.com. Do Follow backlinking.

How to get rid of sugar ants

GetPrequalified.com LLC — Fri, 21 Nov 2008 18:13:00 -0600

I tried for months. This is the only recipie that I found that worked to get rid of those little buggers. The best part is that it is non toxic. I tried for months. They were gone in 24 hours. Haven't seen them in months. I'm amazed.

How To Make Your Own Organic Ant Killer

Fannie Mae puts a halt on foreclosures and evictions

GetPrequalified.com LLC — Fri, 21 Nov 2008 15:03:24 -0600

Fannie Mae just annouced that they are going to put a halt on evictions and foreclsoures. Between November 26 adn January 9th. This will give Fannie more time to get programs out to streamline and midify at risk mortgage loans. This is an unprecedented move and should help thousands of homeowners stay out of foreclosures. The next step is to bring down payment assistance programs back to help get the excess inventory off the books.

Additional Information on Fannie Halting Foreclosures

Follow me on Twitter

GetPrequalified.com LLC — Mon, 17 Nov 2008 22:22:37 -0600

You can follow me on Twitter at DebtFreeDave. I looked forward to your tweets...

How to stop creditor harassment

GetPrequalified.com LLC — Mon, 10 Nov 2008 12:45:50 -0600

If you are being unmercifully harassed by creditors you do have options. Under the fair debt collections practices act you have rights. Creditor do not have free reign to do whatever they want. To start you need to send your creditor a cease and desist letter to tell them to not call you anymore. You may also want to speak with an attorney to see what your options are. You do not need to suffer if you cannot pay your bills.

Down Payment Assistance and First Time Home Buyer Program Information

GetPrequalified.com LLC — Mon, 10 Nov 2008 10:16:31 -0600

GetPrequalified.com is launching the free zone for Down Payment Assistance and First Time Home Buyer programs. Each state is represented. This is one of the most concise websites for down payment and first time home buyer articles. The complete state list will be up by November 15th. Go to GetPrequalified.com for the list.