by Jon Terry | Mar 20, 2012 | Blog, Personal Finance
Credit scores play a huge role in today’s mortgage market — larger than at any time in recent history. Blame it on the high default rates of the last half-decade. Lenders are reserving their lowest rates for the customers most likely to make on-time...
by Jon Terry | Oct 11, 2011 | Blog, Buying A Home, Buying in a Recession, Credit, Foreclosure, Mortgages, Residential Real Estate, Short Sale
In these difficult economic times, I am commonly asked whether it would be better to have a short sale or a foreclosure on ones credit report. The answer is complicated and has lot of moving parts. A short sale shows up on your credit report as a “derogatory...
by Jon Terry | Sep 23, 2011 | Blog, Buying A Home, Buying in a Recession, Credit, Mortgages
Pay your bills on time- Pay your bills on time, every time! One way to make sure your payments are on time is to set up automatic payments on the creditor’s website or from your banking institution. Make sure that you have enough funds to clear the account,...
by Jon Terry | Sep 14, 2011 | Blog, Credit, Mortgages
Here are powerful tips to raise your credit score We recently read an article on MSN.com that outlined tips to increase your credit score. As you all know, we believe that knowledge is power, and that is why we live by our motto: “Knowledge is Key.” In...
by Jon Terry | Jan 11, 2011 | Blog, Buying A Home, Credit
With each New Year many decide to get rid the old and bring in the new. For example, many of my clients are out buying new cars and/or furniture. You will find a lot of great deals and incentives from which to choose, but choose wisely because it could cost you...
