Archive for July, 2008

Not Stupid Or Desperate

“Price reduced”, “Accepting All Offers”, “Negotiable” all cry out for the buyer of a house to come in real low on their offer, especially in our market today.  When I saw this blog and the picture in the posting I had to post a link to it.  “Reduced, Not Stupid Or Desperate” made me laugh [...]

Secured Credit Card

A basic in the credit building game is a secured credit card.  A real Master Card or Visa card which reports to the credit bureaus is a valuable tool at repairing or simply establishing credit.  Virtually everyone who applies is approved, after all you are fronting the whole amount of your credit line as a [...]

Pay Option ARM loans are not all evil

A payment option ARM loan is not a bad loan by itself.   For an informed and educated consumer they can be great wealth building tools.  They can help consumers with seasonal, or otherwise inconsistent (I’m not saying lack of, just large amounts one month and less in other months like someone in the financial sector [...]

Foreclosure Rescue Scams

Like kicking someone when they are already down, trying to scam someone who is facing foreclosure is just wrong. The possibility of losing your home to foreclosure is terrifying enough, and having some fraudster there to try and take your home is worse. Many of these so-called foreclosure rescue companies may claim they can help [...]

6 Ways a Low Credit Score Will Cost You

A credit score reflects how likely you are to repay your debts and can make or break whether you qualify for a new home, that new car you’ve been dreaming of, or what you pay in interest on your credit cards. Here are 6 ways a low credit score will cost you; 1. Home Loans. [...]