What's my beacon score and why is it important?
So what's a beacon score? Stated simply, a beacon score is Equifax's way of giving you a snapshot of your current credit situation. This score, which ranges from 300 to 900, helps lenders determine your 5 'C's of credit worithiness. They are:
1. Character: Will you pay the loan back?
2. Captial: Can you afford to pay the loan?
3. Collateral: What ...
Posted by Nelson Smith
on April 28, 2008
As a mortgage broker, here's what happens during a typical application
1. Exchange pleasantries2. Take client's info3. Pull credit bureau4. Spend time explaining why credit score is the way it is5. Finish application, exchange farewell pleasantries
The point of this series is to help you better understand your credit, what affects your credit, what a beacon score is, and so forth.
And just maybe, ...
Posted by Nelson Smith
on April 28, 2008
EDMONTON - Record grain and oilseed prices helped push up Alberta farmland prices 10.3 per cent in the second half of 2007, Farm Credit Canada says.
Demand for specialty crops such as potatoes, and the growth of the biofuels industry also increased the demand for farmland, especially in the central and northern regions, the agricultural lender said in its spring report.
Alberta's increase was second ...
Posted by Gary Chambers
on April 14, 2008
Century 21 Power Realty is excited to announce their expansion with an office in Carstairs. This office will allow our rapidly expanding brokerage to service Crossfield, Carstairs, Didsbury, Olds, and Bowden along the expanding highway 2 corridor. This new office will allow us to work closely with Stevenson Homes in marketing its property in many of these rapidly growing ...
Posted by Gary Chambers
on April 13, 2008
Below are reasons why Title Insurance Companies want you to buy Title Insurance... 1. A one-time premium vs. fees for a Real Property Report with Compliance, fees for an Encroachment Agreement and Late Closing Interest. 2. Title insurance coverage in lieu of a Real Property Report. 3. You can also buy fraud and forgery coverage for the owner(s) of the property.4. Coverage available for lack ...
Posted by Bob Sheddy
on April 10, 2008
The agents at Century 21 Power Realty were really busy in March, as the market has picked up significantly. We are seeing a spring rush, and a steady momentum growing, that is bringing confidence back into the market.
Posted by Bob Sheddy
on April 2, 2008
Real estate sales to the end of December 2007 show that in Drumheller and surrounding area there were 234 sales on the MLS.
Town of Drumheller sales averaged $214,203.00, with 167 sales, an average price increase of 22.7% over last year. Included in total house sales, were 7 new homes averaging $345,236.00, an increase of 30% from last year's sale prices. Sales of resale homes, averaged $208,532.00, ...
Posted by Nelson Smith
on April 2, 2008