Archives for the 'Credit (Score)' Category

Mirror, Mirror: Mortgage Reflection Time

 
We need to turn off the television. Here’s why.
This post describes a few situations, of people losing their homes,  which probably should not have happened for several reasons. (Please read the article before reading the rest of my post.)
First, whether we like it or not, our credit reports (our credit histories) determine so much of our financial [...]

6 May 2007 | Credit (Score), Down Payment, First Time Homebuyers, Foreclosure, Income, Pre-Approval, Programs | 8 Comments

Condominiums For Kids

Why is this girl so happy?
She just chose the colors for her kitchen and dining rooms in her new apartment. (As I mention in my new book, one of the advantages of owning versus renting is that you don’t have to ask the landlord to paint the walls pink.)
For many young people who want to purchase [...]

5 April 2007 | Credit (Score), Down Payment, First Time Homebuyers, Income, Programs, Reserves/Assets | No Comments

If I Am Not Perfect….

Sometimes people express their concerns as though they are in a beauty contest. Only the most striking move to the final rounds, and the most beautiful–the most perfect–win (not including the so-called talent events).
Many people seem to feel the same way regarding their eligibility for loan programs.  I often hear, “Am I only available for a subprime [...]

8 March 2007 | Credit (Score), Down Payment, First Time Homebuyers, Reserves/Assets | No Comments


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Copyright © 2010 Richard Cohen. All Rights Reserved.