The Top 10 Reasons Collections, Property Taxes, Income Taxes, And Liens Must Be Paid Before A Mortgage Can Close

Tuesday, August 5th, 2008

1. In most instances homes usually can have two mortgages placed as a lien against a property. Under normal conditions you can have a first mortgage and a second mortgage. Some companies during the refi boom were putting a third lien against the property. Local banks and credit unions were the ones that did the third [...]

The Top 10 Reasons To Never Use A Credit Counseling Service

Tuesday, August 5th, 2008

1. Credit counseling is an industry that has popped up because of a lack of one very simple thing, education. Its the thing that is not taught in our schools which is causing all of this financial crisis the country is jammed up in. All that a credit counselor really does is say to you to [...]

The Top 10 Reasons You Can Still Get A Mortgage With Bad Credit Scores

Tuesday, July 22nd, 2008

1. If you have bad credit you are probably worried about getting approved on a mortgage to buy or refinance a house. Many people with poor credit histories should be concerned about this because it is going to determine what kind of loan you are going to get approved on. With all of the changes [...]