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Real Estate
The Real Estate Adviser |
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April 25, 2002
More bodies may not help loan chances
By TOM KELLY
The Real Estate Advisor
The Real Estate Advisor
One of the young faces in the first-time homebuyers’ seminar corralled me after the session.
He had a great job, was determined to buy a home as soon as possible, yet had less than “four figures” in the bank. His credit was “not great” but had a friend from work that might agree to co-sign on the mortgage.
. . .
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Previous columns:
- Net tips from an auction queen, 04-11-2002
- Building green can save green, 03-28-2002
- State puts teeth into use of credit scoring, 03-21-2002
- Home warranty firm says check the soil, 03-14-2002
- Timeshares find a home on the Net, 03-07-2002
- Mortgage insurance follows loan, not borrower, 02-28-2002
- Look again at reverse mortgages, 02-21-2002
- New mortgage insurance protects against job loss, 02-14-2002