You've Checked your credit, Diminished your debt and Stashed some cash! Good for you! That move into a new home is practically around the corner! To make that move a bit easier, this is a great time to "pare down". Soon, you are going to have to pack up everything you own. Before you do, it is a great opportunity to make the move a little less stressful--and even a bit … (1 comments)
getting ready to buy a home: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 3
- 01/23/12 05:11 AM
Best Step 1 - Check Your Credit Now Best Step 2 - Diminish Debt If you're getting ready to buy a home and you've completed the first two steps above, it's now time to start saving! Best Step 3 - Stash the Cash! The no-down-payment loans and some low-down-payment loan programs have tighter requirements than ever before. Trust me, you'll always need a little more money than you think, no matter how much research, planning and preparation you do before buying a home. Even if you've saved up that 3-1/2 percent down payment for the FHA loan program, or 5, 10, or … (2 comments)
getting ready to buy a home: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 2
- 01/21/12 03:56 AM
Best Step 1 - Check Your Credit Now You've got your eye on a new home and you've checked your credit. Perhaps you've had to "clean it up" a bit, but now your credit score has been raised and you're ready for the next step. Best Step 2 - Diminish the Debt Lenders limit the amount you can spend on housing to a percentage of your total income. What that percentage is depends on what type of loan program you're looking at, and that's a decision to be made when you consult with a trusted lender. But if your total consumer … (2 comments)
getting ready to buy a home: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 1
- 01/20/12 03:39 AM
Thinking about buying a home now--or in the next two years? Your best first step: Check your credit NOW! Why? 1. If there are any negative credit lines on your credit report you need to know about them. 2. Once you know about derogatory credit items, you need to assess whether there are any items that will improve your credit profile if some action is taken on them. 3. There may be items that are incorrectly reported. These may be items that aren't yours. Or they may be duplicate items. Or perhaps a collection account was sold (maybe even more … (4 comments)
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Lisa Orme
Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu
Best Step 1 - Check Your Credit Now
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