by Linda on January 15, 2010
In an economy riddled with increased expenses and stringent credit standards, the businesses and households that will successfully navigate through the period of economic recovery will do so because their credit scores will get them access to credit and cash, empowering them to forge ahead and capture opportunity while those around them fold.
Great fortunes are made in times of great peril. Like no other time in the last 80 years, those with great credit will have the opportunity to capitalize on opportunity for long-term success.
How Can You Be One of the Winners? By making sure that you are Credit Ready at all times. [click to continue…]
by Linda on December 1, 2009
The newly-enacted Worker, Homeownership And Business Assistance Act Of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers. The tax credit now applies to purchases occurring on or after January 1, 2009 and on or before April 30, 2010. And in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
But Is Your Credit Strong Enough to Qualify For the Home Loan?
For many people, in terms of the tax system, there has never been a better time to purchase a new home! However, to take advantage of these credits which I will talk about in detail below, you’ll need to make sure your credit reports and credit scores are strong enough to qualify for a new home loan. For first-time homebuyers, who want to take advantage of this credit before April 30 2010, becoming proactive in strengthening your credit reports and credit scores is key.
Here’s a short list of what problematic credit reports and low credit scores can cost when it comes to a mortgage: [click to continue…]
