help: 640 Vs 760 Credit Scores DO Matter
- 11/12/13 01:06 AM
I had the privilege of working with an outstanding client . A single mother with good income. She had gone thru a divorce and unfortunately her credit had been tarnished. Her credit score was 642 so she could still qualify for a home mortgage. After some trying times and a ton of underwriting, not to mention appraisal issue we did finally close on a new home for her and she is well on her way to moving forward in life. I reviewed the closing docs and saw the interest rate that she was paying and was kind of surprised by how … (11 comments)
help: Reasons To Consider a Short Sale Versus Letting Your House Go Into Foreclosure
- 11/08/11 12:18 AM
Because my business model is geared at helping people out of unfortunate situations they may be in during today's real estate craziness. The question I'm asked most is Should I let my home go into foreclosure or 'try' a short sale. My FIRM answer is to complete a short sale. And here are a few reasons why: Reasons To Consider a Short Sale Versus Letting Your House Go Into Foreclosure
- Short sale sellers are widely seen as less risky than foreclose sellers. Fannie Mae recently adjusted their guidelines to dictate only a two year waiting period for a short sale … (0 comments)
I had the privilege of working with an outstanding client . A single mother with good income. She had gone thru a divorce and unfortunately her credit had been tarnished. Her credit score was 642 so she could still qualify for a home mortgage. After some trying times and a ton of underwriting, not to mention appraisal issue we did finally close on a new home for her and she is well on her way to moving forward in life. I reviewed the closing docs and saw the interest rate that she was paying and was kind of surprised by how … (11 comments)
;)
;)
;)
