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Blog Archive of Biggerequity

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How Far Back Do Mortgage Lenders Look at Credit History ?

August 9, 2024

Credit history is an important consideration when it comes to applying for a mortgage. Mortgage lenders use your credit score to gauge how well you have managed your finances in the past and whether such indicators make you a reliable borrower. Some mortgage lenders check credit histories going back two or even three years while …

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Categories: Real Estate Solutions

How Does Foreclosure Impact Your Credit ?

August 9, 2024

What is Foreclosure and Its Alternatives Definition of Foreclosure Foreclosure occurs when a borrower’s inability to make mortgage repayments causes lenders to take over ownership of properties they have used as collateral; typically, this happens because borrowers skip several repayments signifying their incapability of meeting their home loan obligations. Consequently, such lending institutions dispose off …

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Categories: Real Estate Articles, Real Estate Solutions

How to Remove a Deed in Lieu from Your Credit Report

August 9, 2024

Understanding Deed in Lieu of Foreclosure and Its Impact on Credit Reports Definition and explanation of Deed in Lieu of Foreclosure DIL Means Deed in Lieu of Foreclosure is where a homeowner decides to transfer his property’s deed to the lender instead of following through with foreclosure. This helps both parties because the borrower may …

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Categories: Blog Archive of Biggerequity

How Long Does It Take to Repair Credit After Foreclosure?

August 8, 2024

Losing a home is a major financial blow that can have enduring repercussions on one’s creditworthiness. Many individuals ask, “How can I fix my credit after foreclosure?” The answer depends on personal circumstances but most people need at least several years to restore good credit history and attain satisfactory credit scores again. In order to …

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Categories: Foreclosure

A Question for Attorneys Who Specialize in Foreclosures

July 31, 2024

Foreclosure lawyers must understand judicial foreclosures to be better at what they do. Judicial foreclosure is a legal process in which a lender sues to take ownership of property. This kind of seizure is usually carried out in states that do not allow for non-judicial confiscation processes. Through the legal foreclosure proceeding, the house owner …

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Categories: Real Estate Solutions

Top Real Estate Florida Rentals

July 30, 2024

A journey through the rental market in Florida can be fun. Florida has wonderful beaches, vibrant cities as well as welcoming communities which provide different rental opportunities. Whether you want to stay for a short time or permanently this place has all property types. Exploring Florida Rentals Florida rentals come in all shapes and sizes. …

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Categories: Real Estate Solutions

Find Your Dream Florida Waterfront Property with Boat Dock

July 30, 2024

How to Find Your Ultimate Dream Waterfront Property in Florida and Get on Board Finding your ultimate dream waterfront property in Florida and getting on board can be quite an exciting journey that promises adventure and relaxation. Imagine waking up to the gentle rocking sound of water against the wood at your jetty, with homes …

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Categories: Real Estate Solutions