How To Get Home

Seems like everyone is talking about someone they know who is close to foreclosure. The bad news does travel fast. It is important to remember that no one wins in foreclosure. The home owner, the lender, and the neighborhoods all suffer as a result of the foreclosure.
Everyone agrees that the number of foreclosures is rising […]

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I had a client in my office the other day who was very frustrated at how long it was taking for his credit score to go up. It reminded me of another conversation I was having with a friend of mine who was as frustrated by how difficult it was for her to lose […]

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Understanding your mortgage loan choice is very important. Picking the program that gives you the lowest payment without giving any thought to the program details is a risky move. If you are going with an ARM, you need to understand how that loan can change, how much it can change, and when it will start […]

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How much cash are you going to need at closing? What account are you going to pull these funds from? After you have met with your Mortgage Planner and you are trying to decide how to structure your offer to the seller, consider the option of having the seller contribute towards closing/prepaids.
If the industry is […]

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Not sure if you got to watch the 60 Minutes section tonight on U.S. Comptroller General David Walker. It was a very powerful story about the impending financial crisis facing the country. It’s been called the “dirty little secret everyone in Washington knows” – a set of financial truths so inconvenient that most elected officials […]

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I received a phone call today from a couple who was driving around last weekend and just happen to come upon an open house. It was their dream home and it had everything they could ever want in a home. Pool, bonus room, and huge walk-in closets made it easy for them to decide it […]

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On Saturday, there was a Housing Fair held at the new EOA building at 1120 May Street. There were enough doughnuts and coffee on hand to wake even the best of them. From 9am till noon, Quennie Parker (912) 238-2690 led short classes on how to become a homeowner. With a focus on education to […]

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There are some interesting facts out today from Experian:
- 1 in 7 Americans carry 10 or more credit cards
- The average credit score nationally dropped to 674
- The average American holds four credit cards
Check out the National Score Index for some revealing data about our credit card nation.
Understanding how credit scores are calculated can help […]

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The day you close on your new home does not need to be full of chaos or surprises. You need to understand very early on in the home loan process how much money it is going to take from you to close the deal. The funds required to close is disclosed to the buyer from […]

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Sometimes it is nice to know that you are not the only one who is having financial hardship. Coming to grips with spending habits and debt levels is not easy for some to do. Not talking about it will not help the situation get better. Here are a few consumers who have taken their […]

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