Credit Scores

April 5, 2019

US Economic Report and Soaring Home Prices

US Economic Report

Median Home Prices

Median list prices are at a high for the first time in March at $300,000 according to a realtor.com report. According to Realtor, there are 1,349,597 active listings currently on the market with a 4% increase year over year.  ...

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April 1, 2019

What is a short sale and how is it better than foreclosure?

Short Sale Overview

What is a Short Sale?

Let's say you're selling your home but the offer you get is super low, it won't cover the total amount you owe on your mortgage, but you need to sell it, so you just take it. This is a ...

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May 15, 2018

Rent or Buy!! Who is Right?

 

Rent vs Buy

 

This is a discussion that has and will continue to be a debate in households across the country. Depending on who you talk to you should wait and save your 20% down payment. Most mortgage companies will offer approx 3.5% as a down payment, but you will ...

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Dec. 19, 2016

Own a $300k Home for $1500 Per Month!

Let Us Show You How

R.E Shilow Realty from Ross Lewin on Vimeo.

 

Here is an interesting fact, the average apartment these days will cost between $1,200.00 to $1,800.00 per month depending on the area. In most cases, working with the right Real Estate ...

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April 11, 2016

What Happens When You Buy a Home

What Exactly Happens When You Buy a Home?

 

As an educated buyer, you have been searching for months to find that perfect home that covers all the checklists.  After a few months of learning, scouring, and negotiating the market, you finally have an accepted offer and are ready ...

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Dec. 30, 2015

Interest Rate Affect On Maryalnd Real Estate

How Interest Rate Hike Will Affect Maryland Real Estate

Recently the Federal Reserve increased the interest rates, and this decision came as a shock to many stakeholders, many of whom are located in Ellicott City, Maryland, because interest rates have not been increased in the past 10 years. However, this move was ...

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Oct. 13, 2011

Credit & Home Buying

Let's face it, without an acceptable credit score the hunt for a new home will go nowhere. Those seeking to obtain a mortgage will find out immediately that their credit score will play a vital role in establishing an interest rate and the home buying process in general.

Current ...

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Posted in Credit Scores
Aug. 18, 2011

A 'True' Credit Score

Finance experts bless the benefits of periodically reviewing your credit report. Truth be told credit reports are so important that Federal law requires the three major credit agencies to make reports available to consumers for free.

Consumers can also obtain their credit scores by joining credit, monitoring, or identity theft ...

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Posted in Credit Scores