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60191 : Real Estate Advice

  • All4
  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 4
Sun Sep 20, 2015
June Hanna asked:
Mon Jan 6, 2014
Chris Rosenburg answered:
This is a hard one to answer. There are so many variables when it come to price per square foot. Ceiling heights is one. How much power the building has, number of loading docks and what kind, location of the building, ect. ... more
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Wed Jul 10, 2013
Patti Steffensen answered:
Many people dont take the time to read the info completely through. Before they come in, explain that in detail to see if that indeed is what they want. If not, develop the lead and assist them with what they are looking for.

You might also attempt to reword your info for that property.
... more
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Sun Apr 29, 2012
Trevor Curran answered:
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.


It is unlikely you could be approved for mortgage financing with that credit score at this time.

Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.

First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.

Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.

I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website. http://consumer-action.org/

Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE. http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre13.shtm


The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.

The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.


Trevor Curran
NMLS #40140
... more
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