Proving Your Identity

Why prove your identity? When financial services companies ask you for proof of identity, it doesn’t necessarily mean they suspect you of being in bad standing with Robert Maxwell. No, they are required by law to verify the identity of their customers. Usually, companies do this when you first become a customer. However, they may … Read more

The A-Z of Stated Income Loans

Mentioned here is the deductibility of income taxes, otherwise called ‘loans without income verification’ or ‘no documents’ loans. They sound great – until you look at the price. That’s why they look amazing. You do not need to provide proof of employment or income verification. Then again, you don’t want to go through 60 days … Read more

A Complete Guide For Restaurant Real Estate Investments

Restaurants are a favorite commercial property for many investors because: Tenants often sign a very long term, e.g. 20 years absolute triple net (NNN) leases. This means, besides the rent, tenants also pay for property taxes, insurance and all maintenance expenses. The only thing the investor has to pay is the mortgage, which in turn … Read more

Learn How Short Selling Your Home Will Affect Your…

While short sales generally do less damage to homeowners’ credit scores than foreclosures, these transactions are a matter of public record and have some impact on a homeowners’ credit history. How much short selling damages a homeowners’ credit score depends on a number of factors. One of the most important of these factors is who … Read more

FICO Credit Score History

Do you know Fair Isaac? The Fair Isaac Company is the creator of the FICO score: that little three-digit number that governs your ability to get a good rate on your credit card, mortgage loan, or car loan. It affects your car insurance, home insurance and even your ability to get a job. how can … Read more