Almost all creditors create their own sets of guidelines for giving out credit. A good credit score means you qualify for a competitive interest rate on home loans, car loans or any other loan. It also means your creditworthiness to banks, insurance companies, and other money lenders. A good credit score helps you save on interest expenses. This money can be use towards your post retirement plans.
How Does A Low Credit Score Impact Your Credit?
A bad credit score or poor credit history harmfully affects a lot more than just your credit.
It negatively impacts your credit report.
You may fail to qualify for credit cards.
You are most likely to be turned down for big purchase loans.
You might have restricted credit lines.
You might be subjected to higher interest rates, insurance premiums, utility costs, etc.
You can lose potential job opportunities.
It costs you on your mortgage.
Your pocketbook may also be hit hard.
If you already are a home owner or a new home buyer, improving your FICO score is the most critical step. In addition to saving you money with lower payments, a good score can mean a bigger and better house, the chance to take out more money on a refinance, or even the difference between being able to buy a home.... more
Trish, Are you looking for a get away retreat or possibly a lake property? Give me a call if you are interested in looking for something in this area. I am a local agent and can help you find your getaway....
Paula Berryman (Realtor)
ERA Select Real Estate... more
Sellers should not be concerned about top listers in this area, they should find the agent that is going to work very hard to get the job done, put you as #1...As well what the agent and company can do for you...Technology is a very large factor in this area......For buyers they need to find the agent that will work very hard to find you what you are looking for as well as understand your situation....Zillow.com is a good place to start to look at agent reviews in any area, for buyers or sellers.... more
Homesales Inc. was the mortgage servicer for Fremont Investments. Fremont Investments sold it to JP Morgan Chase. If Homesales Inc. is listed as the owner, the property is a Chase REO.
They will not deal directly with buyers (they follow a strict procedure that includes hiring a local broker to sell each home). They are not very easy to work with. A closing with them can take several months and the tranaction tends to be much less than smooth.
If you are interested in purchasing an REO property or have any questions at all about REOs, forclosures and short sales please contact me. I have a lot of experience in this area and would be more than happy to help you through the process!