Archives for the 'Pre-Approval' Category

The Cure For The Foreclosure Epidemic: Part 2–American Dreams

Everyone imagines their dream life. Part of this dream derives from our own individual goals and motivations and possibilities.  Part comes from a culture.  Our culture. After all everyone from friends and family and realtors and loan officers pushes to buy a home.
This post follows the Introduction and Part 1 about our foreclosure problems.
It’s no secret that, […]

20 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Foreclosure | 1 Comment

Tony Soprano, Foreclosures, and the ‘Da Dum’

You know how pieces of music resolve, bring closure to the end?  Kind of with (and you have to hear this in your head) a ‘da dum?
The Sopranos final episode had no ‘da dum’.  At least not the way most people wanted. No clean tied-up ends, no resolutions, but a lot of wondering.  Many people […]

13 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Programs, Foreclosure | No Comments

The Cure For The Foreclosure Epidemic: An Introduction

In a previous post I blamed the foreclosure mess on the ice cream makers. But I have reconsidered.  Now I realize that this mosquito is the culprit. Since no one really wants to take responsibility, and it is now being described as an epidemic, I can only assume that the mosquito started it all.
Last week […]

1 June 2007 | First Time Homebuyers, Pre-Approval, Chicago Stuff, Foreclosure | 5 Comments

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 | Down Payment, First Time Homebuyers, Pre-Approval, Income, Credit (Score), Programs, Foreclosure | 7 Comments

Pre-Approval Saves the Day

Spider-Man may be saving cities right now, but here’s a hero who is saving his client.
Russ reviewed his client’s credit report and found an incorrect late payment for a previous client who has had outstanding credit. This all happened early on, during the pre-approval period, so, as Russ writes, things should work out fine.
But what […]

5 May 2007 | First Time Homebuyers, Pre-Approval, Loan Officers | No Comments

Scorecard for Your Mortgage

It’s golf season.  The weather here in Chicago finally turned and I went to the driving range to practice.
My wife has been golfing for over ten years, and last year I decided to take lessons, practice, and play as often as I could.  I loved playing. I became passionate about playing. It seemed it was […]

5 May 2007 | First Time Homebuyers, Pre-Approval, Real Estate (Agents), Loan Officers | 1 Comment


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Copyright © 2007 Richard Cohen. All Rights Reserved.