Members: 88,390 -
1,771 Online Now
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Blog entries tagged with "credit report":
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
and brokers listed on this site. These real estate profiles, blogs and
blog entries are provided here as a courtesy to
our visitors to help them make an informed decision when buying or selling a house. ActiveRain
Corp. takes no responsibility for the content in these profiles, that are written by the members
of this community.
© 2007 ActiveRain Corp. All Rights Reserved 
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Many landlords believe that they cannot reject any applicant for any reason, that they have to accept the first one to come along with the money or risk the grief of a lawsuit or Fair Housing complaint. Not so. There are numerous legitimate, businesslike reasons to reject a prospective tenant because … (1 comments)
… (0 comments)
It's a Buyer's Market, so when are you going to buy?
Craigslist posting with SCAMMER suggesting prospects provide their own credit report is the SECOND "hidden" caution in the SCAM. With a copy of the credit report that a prospect can run on themselves, fake IDs can be easily produced which scams the CL "prospect" a second time.
Getting a loan is becoming difficult. Strict underwriting guidelines are making lenders look more at the boworrow's ability to pay. 
I have been finding info about avoiding Identity Theft in many different sources and I think these points do a great job of tightening up the laces so-to-speak to keep yourself out of trouble:
To improve your credit score is to give yourself a new lease on some of the most important aspects of living. We all need good credit in order to obtain desirable housing, automobiles and any of the other things in life that we wish for. If you are like millions and … (1 comments)
Trigger Leads: Protect Your Personal Data
Did you know that the major credit bureaus sell your personal information? It's true! Known as "trigger leads", the files of borrowers applying for a home loan are immediately flagged, packaged, and sold by the credit bureaus to the highest bidders.
For about $25 to … (0 comments)
You've all been mesmerized by the catchy commercials for companies that offer free credit reports. Their jingles stay in your head for days. You may find yourself bobbing your head to the tune hours after you've heard it. They're clever and downright infectious. But, are they free?
Have you seen all those late night TV advertisements about obtaining your "FREE" credit report, yet when you call or go online the report is only "FREE" when you sign up for a credit monitoring service? Fear not there truly is a way to obtain a "FREE" copy of your … (0 comments)
You are allowed to get a free copy of your Credit Report each year. Follow the below link to order your Annual Free Credit Reort. You will be able to order your Equifax, Transunion, and Equifax credit report.
Your Free Credit Report
We have many programs for people with bad or … (0 comments)
"Making Money Online is Easy.. If You Have The Right Tool - Here is an Entire Tool Box" … (0 comments)
Yesterday I offered 8 steps to help you build good credit. But I left out a few steps (on purpose, of course). One part of maintaining a good credit history is making sure that mistakes don’t appear on your reports. 
Most people know that most items are supposed to come off of their credit report within 7 years. That is true. However, not all things come off at that time. Here's a comprehensive list of items, and their time-line, as well as some new information you didn't quite know:
I received an email on my quest to find the real answers to the incessant question of how a foreclosure vs. short sale vs. deed in lieu all affect the credit report of the borrower.
What you know about credit reports and credit repair can save your real estate career...
While some surveys show that 9 out of 10 consumers are unaware what their credit score is, I’d like to quickly share with you how your credit score could be costing you a fortune… in more ways than you can imagine.
Ever wonder just how far-reaching your credit score really is? The short answer: very. Your FICO credit score affects nearly all of your financial dealings, from the annual percentage rate that you pay on your credit card to whether you are able to purchase a cell phone. Your credit score … (1 comments)
It may be that time of the year to review your credit report. Simply go to http://www.annualcreditreport.com/and follow the instructions. You will be able to view your credit report immediately from all 3 credit bureaus onine for free. After receiving the credit report you may dispute or call the credit bureaus … (0 comments)
What is a Short Sale?In a Short Sale, a Financially insolvent homeowner who is facing foreclosure sells his home for less than the value of his loan. The lender accepts the sale as payment in full for the loan.With Today's Market and ever changing Interests Rates, many Home Owners who purchased … (2 comments)
Here is a glossary of terms you need to know and I will add to the list as I go.
Does a short sale help a seller's credit rating? Would it be better for the seller to deed the house back to the lender? Does anyone know if someones credit report would look better if a foreclosure was avoided with a short sale?
In preparation for purchasing a home, there is more to do then just searching through listings and setting your own buying criteria. A savvy homebuyer will take a look at their credit history long before they begin the process of searching for a new or dream home. If your credit is … (0 comments)
There iare a ton of commercials on TV that advertise a Free Credit Report. I think there a little (actually alot) misleading in that they are not really free. Why do the Free Credit Report sites ask for a credit card? That should be your first Clue that they are in … (9 comments)
Thinking of buying a home? Take time to get your finances in check BEFORE you go house hunting. While there are many good deals on the market today, you must have your mortgage plan in place before you submit an offer! 
There are things you to know about credit prior to buying your home:· Payment history - one of the first things any lender will look at is your credit line and payment history. If you have made payments on time that is a positive step.Have a budget - This is highly recommended … (1 comments)
GIVE CHRIS A CALL BACK page BACK page … (0 comments)
The credit report has a wealth of information, but if you just glancing at you'll miss some very important information. 
It's that time again! Time to check your credit. 
A potential new home buyer may think, "I pay my bills on time. I'll never have trouble getting a loan."
If you are thinking about shopping for a new home, be sure to check out your credit score. In the past a 720 could get you the best rates available, but not anymore. The bar has now been raised to 750 or higher. You can take steps to improve your score, … (0 comments)
Most of us have seen the advertisements on television and the internet for a FREE COPY OF YOUR CREDIT REPORT! Remember when your parents said that nothing in life is for free? Chances are they were right. While many companies advertise a free credit report it almost always comes with some … (0 comments)
Has anyone has past experience with trigger leads, whereby when you pull a customer's credit report that the credit bureaus...Equifax, TransUnion, and Experian, sell that info to other mortgage companies? I have heard of this happening, think it is wrong, and want to try to protect my customers privacy. An associate of mine said … (8 comments)
I had an interesting experience with a client last month. They wanted to buy a home and wanted me to be their mortgage person. They were very close lipped on their finances and the husband did not want to use his credit or his income. He said he had blemishes on … (0 comments)
Remember that real estate investment is part of an overall financial plan-it shouldn't be just stocks, bonds, and mutual funds. Investing in real estate requires specific tax, spending, budgeting and people management advice. Based on your other assets and your overall financial plan, investment property might be a worthy goal, but … (0 comments)
Experian dispute procedure
Your information ... a hot commodity Having your credit checked is an important and necessary step in the home buying process. But very few people realize that each time their credit is checked, the "inquiry data" that the credit bureaus (Equifax, TransUnion, Innovis or Experian) have on file have now … (2 comments)
… (0 comments)
Ask the lender if the foreclosure option chosen will be reported on your credit report, if so ask that the option not be reported. When facing foreclosure or any financial crisis the key is to contact your lender immediately to setup a payment plan or discuss other options. Don't wait for … (0 comments)
Lenders have decided to shape up their credit criteria, how healthy is your credit score? A lot of people are feeling the pinch with lenders tightening their belts and restricting their loan approvals more and more each day.
New FICO Changes Might Cause Lower ScoresMany changes are coming soon regarding the way your FICO credit score is calculated.One of the biggest changes is the removal of authorized user accounts from the credit scoring calculation. This credit repair tactic has recently come under fire for its use in defrauding mortgage lenders. … (0 comments)
Good Morning,
Why is Good Credit Important?The difference between a 700 FICO score and 698 is one-half percentage point. Meaning, on a $165,000 30-year fixed rate mortgage, that half point could cost you more than $19,000 in interest charges, assuming 6 percent is the lowest rate available.
You may not know it, but you could be perpetrating a violent crime ... against your credit. You may be a credit killer if you behave in ways that harm a valuable asset: your FICO credit score, a powerful three-digit number traditionally used by lenders to decide how much risk they're … (2 comments)
… (1 comments)
OKay, I have bought over 50 properties that I own and rent out over the past 12 years and have closed hundreds of deals for clients as well.
When a consumer applies for credit, most businesses such as auto dealers or mortgage companies can quickly and easily retrieve a suprisingly large amount of personal data.Basically, a government license gives the three big repositories the authority to gather more personal information than the public should feel comfortable with. Recently, there … (2 comments)
One of the best things happened to every consumer in the United States about 3 years ago. The Federal government passed the Fair and Accurate Credit Transactions Act (FACT Act), a law allowing everyone a free copy of their credit report through the three major credit reporting bureaus (Transunion, Experian and … (0 comments)
If you are thinking of buying a home in the near future, get yourself in a good buying position. The first step in getting ready is to get your credit in good shape. Your credit makes a huge impact on how much a lender will approve you for on your home … (2 comments)
My Financial Life from Three AltitudesSea level: How much money is in my purse and bank account right now? What's my debt load? Don't let borrowing be your default plan for 2008 What's my credit score? Get a free credit REPORT (score costs $) at www.annualcreditreport.com Credit Score: a number between 350 and 850 … (2 comments)
PROBLEM SOLUTION RESULT Problem: To many depressed brokers not making the money they can in the down market....Solution: HTDI Financial's Revolutionary Broker System http://convertturndowns.com/Result: More deals closed where they had once never existed Visit http://convertturndowns.com/ to get started... Our Revolutionary Broker System allows you to track client progress via online broker access, … (2 comments)
If you are tired of receiving an endless stream of credit card offers and you are looking for a quick and easy way to improve your credit score, I have great news! You can reduce the flow of credit card offers and possibly increase your credit score by opting out of … (3 comments)
… (7 comments)
FICO. Why is it so important? Is it possible to trade your 1st born for it? We'll get to that later. First off, do you feel stripped naked when someone asked for your SSN to run your credit? Do you feel as though you've been violated? You should be if your … (2 comments)
The Fair Credit Reporting Act ("FCRA") requires a lender or mortgage broker that denies your loan application to tell you whether it based its decision on information contained in your credit report. If that information was a reason for the denial, the notice will tell you where you can get a … (0 comments)
According to the U.S. Public Interest Group Research, 79% of credit reports contain errors and 25% contain errors serious enough to result in the denial of credit. If you are thinking of buying a home, refinancing a home, a car, or even getting quotes for home owner's insurance, your credit score will have an … (8 comments)
How often do you pull a credit report for a prospective homebuyer only to find a rat's nest of bad debt and collection reports? And how often do tension headaches grow out of that revelation? Well, before you reach for the extra-strength headache pills, take a harder, second look at your … (1 comments)
You might assume that the fewer credit cards you have, the higher your credit score could be. Because of that assumption, some buyers preparing to apply for a home loan mistakenly cancel one or more credit cards. Why would this be a bad idea?
Before that nasty thing we call the mortgage crisis descended upon us, we mortgage brokers lived in simpler times. With so many lenders, and such broad guidelines, matching a borrower...(good credit.....bad credit....no credit!)... to a lender was pretty easy. No one thought much about credit scores, because for every seat, there was a saddle. And … (8 comments)
Having credit checked is an important and necessary step in the home buying process. But very few people realize that each time their credit is checked, the "inquiry data" that the credit bureaus (Equifax, TransUnion, or Experian) have on file have now become a commodity. This information is being sold by … (0 comments)
MEET MY FAITH SHE WAS BOUGHT AT THE Animal Rescue IN ORLANDO, MY HUSBAND NAMED HER FAITH SO I CALL HER FAITH. BUT THEN HE CHANGED HER NAME TO KAY. SHE ANSWERS TO BOTH NAMES, SHE KNOWS WHEN I AM CALLING HER. SHE ALSO ANSWERS TO KAY. I CANT TELL YOU HOW … (14 comments)
Are you ready to buy that new home? Here are a few things you should know before diving in.
The Fair and Accurate Credit Transactions Act (FACTA) entitles you to one free credit report in a twelve-month period. If you have already obtained your free credit report from annualcreditreport.com and no longer have the report, then you will need another report to begin your credit repair journey. The purpose of … (0 comments)
When you have clients that are not sure what their credit score might be and are afraid that it is not good remind them that they can get a FREE credit report annually from EACH ONE of the three reporting agencies - that means every few months you can check your credit … (10 comments)
If you are thinking about purchasing a home this series of short lessons will provide you with some important advice. Don't make the mistake of starting the process without taking the time to prepare. It will make your task much easier.One of your first steps should be to run a Credit … (4 comments)
My partner and I, Kathi Jackson, along with Jeff Nance of Chase Home Loans, will be teaching this class on October 9, 2007. This is a Tuesday evening and the class is from 6:30-8:30. The class is offered through Sky Valley Community Schools (http://www.monroe.wednet.edu/S.V._COMM_SCH/default.html)
Thinking of becoming a home owner? Do you know your credit score?One of the determining factors of the types of mortgages and interest rates available is your three digit credit score. Can you even get a mortgage? Find out before you begin getting your hopes up about home ownership. Typically you … (1 comments)
This is the single most important factor for getting loans these days! Improve your credit score!Generally speaking, a credit score measures the likelihood you'll repay what you owe, and is based on information in your credit report. The rewards of raising your score speak directly to your wallet: You'll qualify for more … (1 comments)
Why Rentals Can Increase Your Real Estate SalesBy Lisa Wells