ARCHIVED BLOG POSTS

2010 

Many home buyers are very worried about how their credit report will affect their ability to buy a home. We even heard one story that an applicant was denied a mortgage because he had returned a rented videotape late! Of course, that could never happen. Most people will not need to worry about t...
04/25/2010
As more companies utilize credit scoring, the loan approval and closing time will be compressed for most consumers. In the future, a high FICO score may be your ticket to a speedy and competitively priced mortgage loan. Credit Reporting Agencies Equifax PO Box 105873 Atlanta, GA 30348 (800) 685-1...
04/25/2010
FICO Scores   FICO® scores were developed by Fair Isaac & Company, Inc. for each of the credit repositories. The scores are: (Equifax) Beacon®, (Experian formerly TRW) Experian/FICO and (TransUnion) Empirica®. They are simply repository scores meaning they only consider the information contained ...
04/25/2010
Put it in Writing Put negotiations in writing. Don't reveal your strategy, and don't make oral offers. You want to buy the house, but don't hand over money until you're sure the seller is legally capable of conveying a good title and meeting other conditions. The seller, in turn, doesn't want to...
04/25/2010
Traditional Loan Process You've found the mortgage you want and you're ready for the next step - the loan application. The process costs anywhere from $100 to $500 and is usually non-refundable. Lenders levy the fee to cover the costs of running credit reports and filling out mortgage-insurance ...
04/25/2010
What to OfferA REALTOR® can help you find your perfect home, but only you can decide how much you are willing to offer for it. The REALTOR® can supply you with information about the selling prices and marketing time of other houses in the area. Once you have determined the amount you are willing...
04/25/2010
Role of A Title CompanyNow that you've decided to buy a home, what happens between now and the time you legally own it? The next step is to obtain title for the property from the title company. A title gives the owner the right to possess and use the property. But before receiving title, the tit...
04/25/2010
Relocation TimelineAbout one month away from your move, you'll want a detailed checklist to make sure nothing is forgotten.  Four weeks to go: Call moving companies for a free estimate. Cost will vary depending on distance, weight and optional services. Look through your house to determine items...
04/25/2010
The Offer When a buyer makes an offer to purchase your home, your REALTOR® will contact you promptly. The REALTOR® will scrutinize the document, review it with you carefully, and answer your questions. The written offer is important because it lays out all the terms of the proposed transaction an...
04/25/2010
Art of NegotiationEverything is negotiable when buying a house. For some reason, most buyers either don't believe it or don't like it. Here's a partial list of what's negotiable when you buy a home: Price Financing Closing costs (except where specified by financing or law) Occupancy (When can yo...
04/25/2010
Rainmaker
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Charles Stallions Real Estate Services

Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.
local_phone(850) 478-8811
smartphone(850) 332-6838
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