for sale: 3 C's of credit-Capacity, collateral, and character
- 05/11/09 03:41 PM
When you want to borrow money, lenders will look at a number of things before agreeing to grant credit to you. First, lenders want to know if you have the financial ability to repay the loan. This is known as capacity. Second, lenders look for any property you have to back the loan-again, this is called collateral. And third, lenders want to know if you will make your payments and how you have handled other loans in the past. This is called character. Capacity, collateral, and character represent the three C's of credit. The most common types of credit include revolving … (0 comments)
for sale: busybee!
- 02/16/09 02:05 PM
I hope everyone is enjoying the market change as I have. It has been a welcomed blast of business. Here are several new listings from lake to historic to 12 acres with a great house. … (1 comments)
for sale: Spring Sales and lists
- 01/18/09 01:44 AM
I started in November preparing for my clients whom wanted to sell in the Spring, because in our biz Spring is already here! I am working now to get all of my Lake listings in order because Lake Hamilton comes back to normal level next month. I have been showing a lot since just after Christmas. I have also been busy visiting my coming lists and discussing staging and what needs to happen with their homes to compete. If anyone is looking for a place for horses I have just the place, especially since Oaklawn is running! I hope everyone is … (0 comments)
When you want to borrow money, lenders will look at a number of things before agreeing to grant credit to you. First, lenders want to know if you have the financial ability to repay the loan. This is known as capacity. Second, lenders look for any property you have to back the loan-again, this is called collateral. And third, lenders want to know if you will make your payments and how you have handled other loans in the past. This is called character. Capacity, collateral, and character represent the three C's of credit.
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