Tag Archives: Young Home buyers

First Credit Card Enables Early High FICO Credit Score

 First Credit Card Big Opportunity Life has it’s benchmarks.  Turning 7 is the classical entry into the “Age of Reason” in some religions.  Now it is possible to commit a sin!  The first credit card makes it possible to commit financial sins that can lower your credit score for many years to come.  Those who

Mortgage Lending Future Landscape

  Mortgage Lending Future Landscape The mortgage lending future landscape has been outlined in a new report by the Consumer Financial Protection Bureau. In an attempt to balance lender’s approach to mortgage lending the new rules aim at a policy that is neither too easy nor too hard.  In the words of director Richard Cordray

Credit Scoring Woes Ruining Romance

  Credit Scoring Woes Ruining Romance Are credit scoring woes ruining romance for you?  Occasionally reporters like to seize on anecdotal evidence and try to turn it into a trend for the sake of a story.  It may be caused by a slow news day or there may really be something to it. Recently the

Discounted Homes Market Shrinking Rapidly

  Discounted Homes Market Shrinking Rapidly Discounted homes market shrinking rapidly according to the highly respected analysts at Real Estate’s premiere web site Zillow.  Zillow’s research shows that the repossessed and bargain homes that have been fueling the Real Estate market comeback are disappearing fast. Competition, low interest rates and free market forces may soon

Housing Boom Coming Say Optimists

Conjoined twin sisters from Nuremberg Chronicle (1493). (Photo credit: Wikipedia) Housing Boom Coming Say Optimists Here we go again as it becomes clear that the housing crisis has leveled off, at least in most areas.  Optimists who have been awful quiet lately are now emerging with a new found vigor and predicting banner days ahead. 

Newsflash to home sellers: Buyers don’t care what you paid!

 Home Buyers Don’t Care What You Paid! Home Buyers don’t care what you paid.  Why should they?  Current sellers who bought their homes after 2007 are overpricing their properties by an average of 14%, those who bought their homes before 2002 overprice by 12% over market value, those who bought from 2002-2006 about 9% over. 

Prepping your home for a good appraisal and quick sale

Prepping Your Home Prepping your hme for a good appraisal and quick sale does not have to a dreadful duty to be put off until you have to do it all at once.  Getting started is usually the worst part of any ambitious project.  Breaking your goals down into smaller achievable goals does wonders for

Younger home buyers

Younger Home Buyers Many young people are putting off the home buying experience for a while as they establish themselves in their careers and relationships.  Sooner or later most people decide they want a home of their own when the time is right for them. Younger home buyers are to be forgiven if they feel