What Are Disputed Credit Accounts? *Credit Accounts (that report on the credit report) in which there is disagreement about any material item like balance, interest rate, payments are most common, any aspect of the agreement between a borrower (creditor) and lender (debtor). Includes: Disputed Charge-off Accounts (charge off shows a due debt, but no payment due) […]
It’s not surprising interest rates are on the rise as the fed has committed to reducing their mortgage bond buying starting this month. There is an array of factors affecting a mortgage rate things like; home occupancy, loan type, and even property type. Two factors carry the most weight when shopping mortgages… How Lender Sees […]
The meeting was well attended and several people commented on market conditions. One agent held a home open in Greenbrae last Sunday. 450 people came through the home, there were 28 offers, the listing price was $900K and the accepted cash offer was $1.375MM. Not healthy, but very nice if you are a seller. 6590 […]
I think it would be a lot of fun to do a deal that involved bitcoins although fixing the exchange rate might take a bit of negotiation. Would you accept payment for your home in Bitcoins?. Why? Why not?
What happens to mortgage originations when interest rates go up 1% or so? For Wells Fargo, they collapsed 29% in the third quarter. Hat Tip Seeking Alpha
They popped the question, you said “I do”. Getting married is now officially happening. When you say I do, you’re not just saying I do, to that person, you’re saying I do to all their finances, positive or negative as well. Their finances are, will shape “how” or “if”you can buy that home. Why getting […]
I get it. I totally understand why most people shop for loans the way that they do. But it’s wrong and they are shooting themselves in the feet. There is a right and wrong way to get pre-qualified for a mortgage. Here is how NOT to get pre-approved for your home loan… 1. Shop Interest […]