Credit scores for millions of Americans may soon increase due to two major changes in credit scoring. Starting July 1, the three major credit agencies — Experian, Equifax and TransUnion — are dropping certain negative information from credit reports, including tax liens and civil judgments. This forthcoming change comes after FICO’s announcement last year thatContinue reading “If you have tax liens civil judgements or no credit at all, July 1 could be a big day for you.”
In honor of the Southern Maine Spring Market and all the new buyers, I thought it would be helpful to review a standard checklist on what to expect when purchasing a home in Maine. Depending on the location and type of property will determine the finer details of purchase. For this article, I will presentContinue reading “Checklist To Buying A Home”
1. Don’t buy if you can’t stay put. If you are not sure if you will be in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money ifContinue reading “ULTIMATE HOME BUYING TIPS”
If you are applying for a mortgage to buy a home, doing your homework in advance before you submit the application means that you will stand a better chance of getting accepted at a desirable mortgage rate.