Source: www.ftc.gov How do I improve my credit score? When you get your credit score, you might get information on how to improve it. Improving your score by a lot will probably take some time, but it can be done. Under most scoring systems, your score might improve if you focus on paying your bills on […]
What is a short sale? A short sale is where you make an agreement with the bank to accept payment terms, many times are less than what is owed on the mortgage. How does a short sale with the bank affect my credit score? A short sale can have a significant impact on your credit […]
Many times pre-foreclosure lead will turn into a possible short sale with the bank. Short sale definition is the bank accepting less than what is owed for a payoff on the loan. It is a time consuming process. It is not fast and it is not always successful. Think about it from the bank’s perspective: would you take […]
Documents The Seller Needs To Sign The documents the seller needs to sign include the following: * A Short Sale Disclosure * A Quit Claim Deed * Two Different Purchase And Sale Agreements * An Escrow Letter * An Authorization To Release Information * A Limited Power Of Attorney * And a Hardship Letter […]
Selling Properties for Cash You can: Sell to another investor for cash Sell to a consumer buyer for cash Sell to an investor, seller carry, take a note for equity, and sell the note at a discount Understand some Tax issues: What the IRS says about Buying and Selling Properties – Dealer Status
Selling notes in real estate investing This means you’re selling promissory notes that are secured by real estate that are in either first or second position. So if you have a first position note for $60,000, and the properties worth $100,000, the loan of value is 60 / 100 or 60%. . This means that if […]
It’s got to do with Note brokering, You can sell part of a note, generally the “front end of a note” or the “beginning payments of a note”. It’s also called “selling the front end of a note on a partial”, it means that a seller is selling a portion of the early payments on […]
Credit Rating A credit rating is from a credit reporting agency. There are three credit reporting agencies. Generally when you buy a house or a car you get a credit report being pulled and people analyze your payment history. To learn about credit histories and improving credit reports, go to https://consumer.ftc.gov/articles/fixing-your-credit-faqs
From Experian.com one of the 3 Credit Bureaus Your credit score is important. The higher your credit rating, the better your chances of being accepted for credit at the best rates. It can influence your ability to get things like credit cards, loans, mortgages, mobile contracts and more. Looking for tips on how to improve your […]
Okay it’s important if you have a business that you have good credit and that you have some credit lines. If you have awful credit There’s Hope! We can help you get better credit rating. Keep your job for at least 6 months. Pull your three credit reports. If you don’t know how to read […]