If you normally reserve your negotiation tactics for cars and homes, snap out of it! If it’s for sale, it’s negotiable. You just just need to know where, how and what to do.
Entries from October 13th, 2010
Closed Credit Card Accounts and My Score Went Down?
October 12th, 2010 · No Comments · Credit Bureaus and Scores, Credit Cards
Q. I closed some credit card accounts because they were high and I have been paying them on time. By closing them, it actually hurt my credit score! Should I reopen them even if I don’t use them it it will increase my credit score?
Tags: Credit Cards·Credit History·Credit Score·credit scores up or down·high interest rate·Inquiries·installment tradeline·Late Pays·low interest rate credit cards
New Freeze on Foreclosures Could Freeze Housing Market
October 11th, 2010 · No Comments · Mortgages
Because of alleged fraud by lenders, banks in question are freezing the foreclosure process to go over mortgages with a fine tooth comb.
Tags: bank of america·foreclosure·fraud·freeze on foreclosures·GMAC·housing market·JPMorgan Chase·Mortgage
Have Foreclosures Been Halted in My State?
October 8th, 2010 · No Comments · Mortgages
Heard the news recently regarding fraudulent paperwork and affidavits used by mortgage lenders in the foreclosure process? The revelations forced many of the major banks to completely halt foreclosures in 23 states requiring a court order to proceed with a foreclosure. If your state doesn’t require a court order, you live in what’s called a non-judicial state. This post tells the reader in which states the freeze was ordered and what to do if you don’t live in a judicial state.
Tags: foreclosure·fradulent affidavits·fradulent paperwork·halting foreclosures·judicial foreclosures·judicial states·mortgage bankers·non-judicial states
