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Posts tagged "home buyer"

Employee Credit Checks Banned Statewide

There are a number of reasons why the real estate market is still struggling. Among them is the fact that unemployment is up. When people are out of work, they’re less likely to buy property. This is especially true when credit history is such an important element of getting approved for a home loan.  But... Read more »
By mazeklaw,
August 11, 2010 at 9:24 am
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Credit Scores Increasingly Critical in Home Buying

There was a time when your credit score was a factor in your ability to secure a home loan, but it wasn’t the most important factor. In the real estate heyday, credit scores were often overlooked as long as income — stated or actual — was steady. That was then, this is now. The Associated... Read more »
By mazeklaw,
July 19, 2010 at 10:13 am
• 3 comments

Short-Sale Buyers Benefit From Homebuyer Credit Extension

On Friday, July 2, President Barack Obama signed into law a three-month extension of the Homebuyer Tax Credit. The extension was expected, especially considering the backlog of approved contracts sitting at many lenders’ offices. However, this extension is great news for those awaiting lender approval on short sales. For those who are unfamiliar with the term, a... Read more »
By mazeklaw,
July 6, 2010 at 8:17 am
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