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 | Aug 3, 2011 | Blog, Buying A Home, Credit, Mortgages
When an individual’s income starts growing and they manage to set aside some savings, they commonly experience what may be considered an innate instinct of modern civilized mankind: the desire to spend money. Since North Americans have a special love affair with...
by Jon Terry | Mar 22, 2011 | Blog, Credit
Here are 5 major factors that could hurt your score: 35% of the score depends on payment history, taking into account late payments. (One late pay could cost you 75 to 100 points). It is important to pay your bills on time. 30% depends on how much debt you have. Your...
by Jon Terry | Feb 16, 2011 | Blog, Construction/Maintenance
Potential buyers make judgments about their next home at the walkway. Why not roll out the red carpet upon their first visit? Your home’s walkway sets the tone for what’s to come. Give every buyer an invitation to purchase your home by designing a...
by Jon Terry | Feb 8, 2011 | Blog, Credit
On occasion, a consumer will not have enough credit references to obtain the loan they wish to secure. If this is the case for you, start by opening small lines of credit that report to all of the three major credit bureaus, and make purchases that can be paid off...
