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Credit Reports and Credit Scores
November 24, 2004 What Is a Credit Report? A credit report is a report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual's credit history. A typical credit report includes the following: Personal information. ... more...

When Good Credit Marries Bad Credit
November 2, 1998, Revised November 22, 2004 "My fiancee and I are first time buyers and would like to purchase a single family home in New Jersey. He has an outstanding credit report and I have a bad one (collections, ... more...

mortgage industry property fico credit report home related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more...

More about mortgage industry property fico credit report home

Condo-Hotels A New Second-Home Alternative to Time Shares
Condo-hotels have evolved as a better, more reliable second home alternative to time-shares. They are usually attractive, high-rise hotels on the ocean or in other prime locations, and range in price from the mid $200,000s to over 1 million, depending on the size, location, and amenities.Many of ... more...

New Credit Scoring Model Could Help Millions
Mark and Beth, a young married couple in their twenties, established a goal to buy a home within the first three years of their marriage before starting a family. They budgeted and used their money wisely in order to save for the down payment. Whenever they purchased something they always paid ... more...

Your Credit Report is a Vital Financial Document
It is difficult to overstate the importance of a good credit report and high credit score to your financial future. The credit report is one of the most important factors determining the interest rate you will pay on mortgages, personal loans and car loans. Generally speaking, the higher your ... more...

What is on Your Credit Report?
Your credit report is a very important piece of the puzzle in your financial picture. It contains a historical record of your personal and financial information including a listing of your current and past debts and the timeliness of your payments. The information contained on your credit report is ... more...

List Your Property Correctly & Make More Money!
Selling Real Estate is an ART - not mathematical rocket science. There are no rules, no absolutes, no equations to determine an exact price in most cases, and no way to determine the time needed to sell the property, or where to find the buyer.There are however lots of tips and techniques that can ... more...

Home Loan and Home Loans
Home loans are available in a variety of different mortgage packages, and homes loan agencies and mortgage companies are offering exciting and competitive mortgage options to homebuyers. Getting a home loan has never been easier, and even those with poor credit ratings and reports can qualify for ... more...

5 Things to Look for in a Property Appraiser
Homeowners who are seeking a property appraiser often ask How should I choose which real estate appraiser to use? When selecting a property appraiser, keep the following in mind:Always make sure a property appraiser is licensed or certified by the state to perform real estate appraisals. While ... more...

Part 1: FAQs From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes. I dont feel that markets will collapse. But investors and property owners should be ready for longer market times, diminishing over-full-price and multiple offers in over-heated ... more...

MLM Opportunities: The Top 7 Things You Need to Look for and Ask About in an MLM Company
So, you have decided to jump into the Network Marketing Industry, and join a reputable company. Great Move! It will open up doors in your life that you never knew existed, and the personal development you will experience will be amazing.But you may be thinking- what do I look for? What should I be ... more...

Inside Insurance Protection Priorities
Protecting your homeAlthough you have no legal obligation to insure your home, your mortgage company will want to protect their investment with buildings insurance. However, it is also worth protecting your own investments, so even after youve paid off your mortgage, you should ensure youre ... more...


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