My Life As A Number CREDIT

Credit is an important part of buying a home. Lenders will scrutinize your credit history to determine if you are qualified to buy a home and what interest rates and fees to charge. The difference between having just okay credit and good credit can cost you tens of thousands of …

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Pros and Cons of Going Condo

Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they re ideal for those who appreciate a maintenance-free lifestyle. But before you buy, make sure you do your legwork. These are some of the important elements to consider: Storage. Some condos have storage lockers, but …

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7 Tips for Improving Your Credit

By: G. M. Filisko Here’s how to clean up your credit so you get the least-expensive home loan possible. Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you …

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What if They Accept the Offer?

Congratulations, your offer has been accepted! Over the next 30 to 60 days, your purchase will be pending and you will begin the escrow process. Typically, an offer will have several contingencies. Contingencies are terms and conditions written into a contract by the buyer or the seller, which must be …

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Downpayment Assistance Program (CHDAP)

We had some new changes to the mortgage loan that Prospect offers California Homebuyer’s Downpayment Assistance Program (CHDAP) The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This …

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Simple Tips for Better Home Showings

1. Remove clutter and clear off counters. Throw out stacks of newspapers and magazines and stow away most of your small decorative items. Put excess furniture in storage, and remove out-of-season clothing items that are cramping closet space. Don t forget to clean out the garage, too. 2. Wash your …

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