www.capital-lending.com http://www.capital-lending.com Sun, 06 May 2012 00:00:00 +0000 en hourly 1 Choosing a Realtor You Can Trust http://www.capital-lending.com/2012/05/06/choosing-a-realtor-you-can-trust/ http://www.capital-lending.com/2012/05/06/choosing-a-realtor-you-can-trust/#comments Sun, 06 May 2012 00:00:00 +0000 admin http://www.capital-lending.com/?p=8 When you decide to buy a house, there are some things you can look for in a realtor. Research the background of the realtor. How long have they been in business? How many houses have they sold? Find out if they have sold houses in a struggling housing market, or if they have not sold anything recently. You can also check to see how much the realtor has sold houses for, and if they are able to work with the people who they are finding houses for.I was looking for more information and found it ‘http://bhgaugusta.wordpress.com/2012/04/23/5-tips-for-selling-your-home-in-a-buyers-market/’>here. Ask others who have bought houses using the realtor if they went out of their way to help in finding the home they wanted. If the realtor tries to push someone into buying a home just to make a sale, then they probably are not someone you want to work with.
When you find a relator that you would like to work with, talk to them about the kind of home you are looking for. If the realtor does not offer any input, then it may be hard getting them to find a house for you. Get them to take you on a tour of some of the houses they have listed. Listen to the description they give of the house to see if they have a positive or negative attitude about selling.

]]> http://www.capital-lending.com/2012/05/06/choosing-a-realtor-you-can-trust/feed/ 0 How To Shop For a Mortgage http://www.capital-lending.com/2012/05/02/how-to-shop-for-a-mortgage/ http://www.capital-lending.com/2012/05/02/how-to-shop-for-a-mortgage/#comments Wed, 02 May 2012 00:00:00 +0000 admin http://www.capital-lending.com/?p=7 If you have found your dream home, the next step is obtaining a mortgage.  Shopping for a mortgage can seem like an impossible task, but once you break down the process it is quite easy to accomplish.

To begin shopping for a mortgage, you should perform some basic steps to self-assess your financial prospects.  Obtain your free credit score by contacting one of the three major credit rating agencies.  See that it is accurate and investigate any negative items on your credit history.  Then consider your income level and the maximum amount that is typically lent out on a mortgage.  Generally speaking, a mortgage that is 2.5 times your income is conservative, and 3 times is the maximum, although some lenders will lend out higher amounts.  Consider saving for a higher down payment if your dream home is priced higher than what you can afford.

Contact a bank or a mortgage broker and shop around to see the interest rates offered for a mortgage loan.  Generally speaking, banks are stricter lenders than mortgage brokers but provide a more formal and professional process than many borrowers prefer.  In order to obtain a mortgage loan you will need to provide verification of your income level, your credit history, and for the value of the home you are planning on purchasing.  Once you provide this information, a mortgage is approved and you can obtain your mortgage loan.

 The information party rocks on: Below-average Credit? Don’t Allow It To Go Keep You From Buying A Loan

]]> http://www.capital-lending.com/2012/05/02/how-to-shop-for-a-mortgage/feed/ 0 Understanding and Protecting Your Credit Rating http://www.capital-lending.com/2012/04/28/understanding-and-protecting-your-credit-rating/ http://www.capital-lending.com/2012/04/28/understanding-and-protecting-your-credit-rating/#comments Sat, 28 Apr 2012 00:00:00 +0000 admin http://www.capital-lending.com/?p=6 If you are in the process of obtaining a loan, or are looking to do so in the future, it is important that you understand and protect your credit rating and history so that you can obtain a loan without punitive interest rates attached to it. 

Your credit history is a determination made by a credit company regarding your likelihood to repay amounts advanced.  Three major credit companies process and record your credit history, and you are able to obtain a credit report from each of these for free once a year.  Afterwards, you will pay a small fee for obtaining this information.  

It is important to obtain a detail of your credit history regularly to make sure there are no improperly reported items present in your history. If there are you can contact the credit bureau and request they remove.  They will contact the lender and request support for the information on your credit history report and remove any items that are improperly reported.

Obtaining additional loans, whether formally or through credit card charges, and repaying them on time and in full, are additional steps that you can take to improve your credit history and reduce the impact of any negative items on your credit history.  Remember investigating and protecting your credit history are important steps to obtain loans with competitive interest rates associated with them.

 

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