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Real Estate & Mortgage Co. {Ph:530-755-1130} Ranjit Kandola -ECOBROKER Certified -Realtor- E-Pro

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Archive for February, 2009

Rx for Consumers’ Credit- For a better rate and terms, buyers should take these five steps before they fill out a mortgage application.

Sunday, February 8th, 2009

Bad credit can ruin a deal.
Bad credit translates into financing rejections, prohibitively high loan rates, and failed deals. That’s why real estate professionals need to educate themselves about the credit system and show prospective buyers the value of repairing their credit, if necessary, in order to qualify for a mortgage.
Unfortunately for borrowers, most credit reports [...]

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Senate OKs $15,000 Bonus for Home Buyers

Sunday, February 8th, 2009

Housing could get a big boost from the latest addition to the mammoth stimulus bill working its way through Congress.
Senate legislators unanimously approved a proposal Wednesday that would allow a tax credit for home buyers of 10 percent of the value of new or existing residences, up to a $15,000 limit. Current law provides for [...]

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