Archive for October 2012
Repairing Your Credit After a Short-Sale or Foreclosure
Credit Score Tips Short-selling your home may be a way to lift a financial burden off your shoulders and the credit effects of a short-sale are definitely negative, but they can be corrected. When repairing your credit there are five factors to consider:Payment history, amounts owed, length of credit history, new credit and, types of credit…
Read MoreFHA Condo Approval Easier Now
FHA relax rules on Condo Certification The FHA has given encouraging news to condo owners by relaxing the rules for condo certification that have caused thousands of buildings across the country to lose their eligibility for FHA financing. The revised guidelines, that were issued September 13 and took effect immediately should make it easier for…
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