6 Things to Know About Credit Scores

By Jessica L. Anderson | Kiplinger – Thu, Jul 12, 2012 FICO isn’t the only number in town. The score that counts is the one your lender uses. 1. There is no single number. The compilers of the widely accepted FICO credit score allow lenders to customize their system, so different lenders produce different scores. Plus, eachContinue reading “6 Things to Know About Credit Scores”

What is a Business Cycle?

The “Books” say an average business cycle is 44.4 months and we have lived through many of them. Some longer than that and some as short as a season in New England.  A business cycle is like the exhibit from our youth…“What makes an ocean wave, wave” at the New England Aquarium.  In the exhibit,Continue reading “What is a Business Cycle?”

Do I Really Need Title Insurance?

Title insurance is one of the important and least understood aspects of a real estate transaction. There are two types of title insurance; lenders’ coverage and owners’ coverage. Title insurance protects the lender and the owner against all types of title defects and also covers issues such as zoning, access, and protects the lender andContinue reading “Do I Really Need Title Insurance?”

Pumpkin Patches and More

I love autumn in New England!  The colors, the apple picking, Halloween and the pumpkin carving.  I’ve included some information on how to make your carved pumpkin last longer.  Also check out this link, Pumpkin Patches & More, for great local pumpkin patches, recipes and the history of Halloween. How to Preserve Your Carved PumpkinContinue reading “Pumpkin Patches and More”

My New Radio Gig

I’ve always wanted to be on the radio.  Host a show or be a DJ playing the hottest and best music!  Well, last month I got to be a guest speaker on a radio talk show called, The Friends of Kevin Radio Show.   The show airs on WSMN in Nashua on Mondays from 11am toContinue reading “My New Radio Gig”

Is the Economy Stalling again?

Bill’s Bottom Line:  Now is a great time to consider refinancing your current mortgage to avail yourself with extra cash.  By having extra cash, the consumer will continue to spend money on other items thus helping the economy to recover. U.S. economy moving sideways again.  Momentum unlikely to pick up much in third quarter ByContinue reading “Is the Economy Stalling again?”

U.S. Mortgage Rates Decline, With 30-Year at a Record-Low 3.56%

Check out this Bloomberg article!  NOW IS THE TIME TO BUY OR REFINANCE!! U.S. mortgage rates dropped, with 30-year loans reaching a record low for a fourth straight week, amid signs of improvement in the housing market. The average rate for a 30-year fixed mortgage fell to 3.56 percent in the week ended today, theContinue reading “U.S. Mortgage Rates Decline, With 30-Year at a Record-Low 3.56%”

SELLERS: 5 Musts for Generating Multiple Offers

Selling your home?  Interested in getting multiple offers on your home?  Check out this article from Trulia blogger Tara. As you might have heard by now, multiple offers are the new black. Well – kind of; if your own home is on the market or soon to be, it can seem like you break yourContinue reading “SELLERS: 5 Musts for Generating Multiple Offers”

FHA Streamline Refinance

Do you currently have an FHA mortgage?  And has it not made sense to refinance because of the High Mortgage Insurance Premiums?  Well, FHA just announced that it is going to reduce the Mortgage Insurance fees for current FHA mortgage holders.  But before you get excited, there are some rules to follow. You must haveContinue reading “FHA Streamline Refinance”

Appraisals

An appraisal is a detailed valuation of your home comparing it to other similar homes in your neighborhood in order to find the true value in dollars of your home.  A property owner may have an appraisal made of a specific property to: determine a reasonable offering price in a sale determine the value atContinue reading “Appraisals”