What’s a FICO

What’s a FICO Score and what role does it play in my home purchase? Your FICO credit score can make or break your chance for qualifying for a home loan.  Lenders use the FICO score to help term the terms, type and amount of your mortgage loan.    But just what is a FICO score?  It’s…

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Coldwell Q&A

Here are some questions you may (or may not) have wondered about Coldwell Banker What year was Coldwell Banker started?  1906 What city was Coldwell Banker started in?  San Francisco How many offices does Coldwell Banker have?  3,000 How many international Sales Associates does Coldwell Banker have?  86,000 What was Coldwell’s first name?  Colbert What…

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Ways to Hold Title

Title is the evidence that you own your home.  How you “hold title” refers to the various forms of ownership, each with different rights and obligations.  Here are brief descriptions of the customary ways to hold title. Sole Ownership:   You alone own all interest in the home.   If you’re married, your spouse is usually asked…

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Credit Do’s and Don’ts

Mortgage lenders use a credit score (frequently referred to as a FICO score) along with other factors such as your debt to income ratio, employment and credit history to determine your credit worthiness.  There are things that you can do to improve your credit score, as well and some things you should not do to…

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