3 things every real estate agent should know about mortgages

Unless all your clients are cash buyers, mortgages are an integral part of any real estate agent’s business. Knowing some basics about mortgages will make you a better adviser to your clients and a more effective businessperson …

Low credit score? You still have a chance at a conventional loan

Despite fluctuating credit standards, people with low credit scores stand a better chance than they have in years of obtaining a conventional mortgage loan, according to Zillow. The online real estate marketplace said its quarterly Mortgage Access Inde…

How Realtors and their clients can escape credit card hell

When people face serious financial problems, getting out of a credit mess may ultimately involve going bankrupt or losing their home, but if you’re carrying high credit balances or your credit cards are maxed out, you can turn the tide …

Riding the loan modification merry-go-round

According to RealtyTrac’s U.S. Home Equity & Underwater Report for the fourth quarter of 2014, over 7 million homeowners (13 percent) still have combined loan amounts exceeding their property’s worth by at least 25 percent. In many cases, their credit cards are maxed out, a missed payment can result in interest rates as high as 28 percent or more, and they can’t obtain a loan modification because their credit scores or the value of their home is too low. …

Balance liquidation programs are ‘godsend’ for distressed borrowers

When people face serious financial problems, getting out of a credit mess may ultimately involve going bankrupt or losing their home, but if you’re carrying high credit balances or your credit cards are maxed out, you can turn the tide …

Riding the loan modification merry-go-round

According to RealtyTrac’s U.S. Home Equity & Underwater Report for the fourth quarter of 2014, over 7 million homeowners (13 percent) still have combined loan amounts exceeding their property’s worth by at least 25 percent. In many cases, their credit cards are maxed out, a missed payment can result in interest rates as high as 28 percent or more, and they can’t obtain a loan modification because their credit scores or the value of their home is too low. …

5 ways to better qualify your rental leads

Trying to find a resident to fill a vacancy? If you’re a property manager or a landlord, you’ll want to refine your understanding about a “good lead” — a prospect likely to convert into a high-quality, long-term resident — versus a prospect that will simply waste your time (or worse) …

3 steps to building mortgage-worthy credit

REThink Real Estateread more

3 steps to building mortgage-worthy credit

REThink Real Estateread more

5 real estate tasks best done early

Mood of the Marketread more