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credit score: FAST AND EASY CREDIT REPAIR? Likely, That's Not Happening! - 10/19/09 09:10 AM
They are proliferating in today's tough economy!
Companies - seemingly, dozens of them, promising to scrub clean a person's credit score.  You see them all over the web, on Sports Talk Radio, and late-night TV.
"It's not your fault you've got bad credit," many claim.  But, if you take this claim seriously - who's fault is it?
Recently, here our Team began to work with a client who needed a slight improvement to his credit score in order to qualify for an FHA Loan.  Within the last few weeks, a derogatory item - a cell phone dispute he thought was corrected … (1 comments)

credit score: SHORT SALES Could Create a Major Ding in your Credit! - 10/05/09 11:07 PM
There are some Real Estate Practitioners who advise their distressed homeowner clients to short sell their home, if necessary, to avoid the devastating, credit-score-killing impact of foreclosure.  Lenders still have to swallow a portion of the borrower's debt, never to paid back, however - and this can result in a 120+ drop in the homeowner's credit score.
Of course, selling short will have less of a credit score impact than allowing a foreclosure.  On average, as reported by Syndicated Real Estate Columnist Kenneth R. Harney in the October 2nd Edition of the Chicago Tribune,  the credit score drop for a homeowner going through foreclosure … (1 comments)

 
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Dean Moss - Dean's Team Chicago IL Real Estate Team

Chicago, IL

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Dean's Team - Keller Williams Realty Partners Chicago IL

Address: 6053 N. Mason Avenue, Chicago, IL, 60646

Office Phone: (888) 770-8326

Cell Phone: (773) 290-8393

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