3 Important Tips for First Time Home Buyers
by: Jeffrey S. Ragan
When looking at tips for first time home buyers, you've come to the right place.
Many people are looking all over the Internet for reliable information. There's over 761,940 websites (as of March 05) with information or online forms urging you to fill them out for more details.
While I certainly agree the Internet is a great place for obtaining tips for first time home buyers, it can also become a real information overload as well. So I want to give you some tips that can help in your search.
Tips for First Time Home Buyers #1
Don't be too quick!
Avoid giving out your personal information like Social Security number, date of birth etc. at every website that asks for it. This is the single biggest mistake I've seen made. Some first time home buyers in their zeal to get started do this.
The problem is this, many sites will require this information before they'll give you any details. They start out with a simple, name and address screen, then lead into screens that ask for more personal details.
At all costs, hold off giving out this private information. You will have to at some point in time. But, not until you've learned about the mortgage process should you do this. What happens when you fill in the forms online? Your e-mail box will be flooded with loan offers.
Many places tout they'll have 4 lenders or even more give you quotes. Guess what? Nearly every one of these lenders are going to run a credit report. If you have numerous inquires in your credit in one month, this can affect your credit score.
Another reason to be careful here is that most of these websites are just lead generators. The company or webmaster will sell your information to one or perhaps even more sources and then we have a BIG problem. It can costs you in your credit score. The lower your credit score, the higher your interest rate will be. The higher your credit score the lower your interest rate.
Let me tell you a quick little story. I once was dealing with a person who wanted to refinance. We had gone online and fill out several forms at different websites. By the time he got to me, when I was able to look at his credit score, he had over 100 inquiries in his credit in one month. His credit score was so low I could'nt help him.
Save yourself this grief, be careful!
Tips for First Time Home Buyers #2
Work with someone you trust.
How can you determine if that person is honest and trustworthy? Listen to them closely. Are they trying to hurry you along to get your personal information? Or are they taking the time to explain things and help you to understand exactly what you're about to get into?
Buying a home is the single biggest investment most people make in their lifetime. Then afterwards, managing that debt is important also. You want to work with someone who will help you do this. They should be interested in a long term relationship with you.
Over your lifetime you'll get more than 1 mortgage. I know, it's hard to imagine that now, but statistic's show that on average people move or get a new home loan about every 7 years.
Having someone you trust, that has your best interest is what you need. I look at it this way, if I do a good job for you, you might tell 1-2 of your friends. If I did a bad job for you, you'll tell 100 of your friends.
I build my mortgage business 1 loan at a time. I love referrals so I take a personal interest in each and every borrower. My customers talk about me to their friends!!
Tips for First Time Home Buyers #3
Choose your Loan Officer wisely.
Now because of the Internet, home lending has become a big business. Mortgage Brokers and Lenders have popped up everywhere. Many have also fallen by the roadside at the same time.
The money business is HUGE! Did you know that over 1.3 TRILLION dollars changes hands around the globe everyday?? When you start to think about it, it staggers your mind.
Your First Time Home Buyers loan is just a very small part of daily business.
There's a big difference between a lender and a broker. Brokers are middle men between you and the lender. They get paid for brokering your loan. They also can help you get loan offers from many lenders. Since the mortgage broker gets wholesale pricing, this can be good if it's done without running your credit every time. That's why I say choose your Loan Officer wisely.
Many times when working with a broker, you may not know who your lender is until the day of closing. Again, this is still alright if your loan is locked, you know all the details of the loan product and so forth. What's important is that the Loan Officer has revealed all the correct information.
Is it a fixed rate loan? Is it an ARM? Is the interest rate what he quoted you in the beginning??
I can't tell you how many times I've heard horror story's about last minute changes. The buyer finds out that their closing costs are more, the interest rate is higher etc. When you're at the closing table, the buyer's there, the seller and the realtors. Emotions are running high! What are you going to do??
If you go ahead and close because the pressures on, it's going to cost you thousands of dollars over the years. Many ruthless loan officers have done this to first time home buyers and just don't care. They may never see your face anyway. You're just a paycheck to them.
Working with someone you trust can help avoid this problem and save you money. Dealing with a loan officer who is on your side will protect you. Nevertheless if you've been taken advantage of, this is a RESPA violation and they should be reported.
About The Author
Jeff Ragan is a loan officer interested in helping people understand the mortgage process.
Too many people have been taken advantage of by unscrupulous loan officers.
admin@first-time-home-buyer-solutions.com
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The Vital Few
The Vital Few
by: Paul Lemberg
Back in the 19th century, an Italian economist quantified the general relationship between a minority of producers and a majority of output. Sound familiar? The simplified version of Vilfredo Pareto's ratio, known as the 80/20 rule or the Pareto Principle, says that in most cases, 80% of production comes from 20% of producers.
Quality guru J.M. Juran referred to Pareto's principle as "The Vital Few and the Trivial Many". If you are running a company the 80/20 rule has powerful implications for every area of your business.
Pareto's postulate says 20% of your effort will generate 80% of your results. There is also a corollary: 20% of your results absorb 80% or your resources or efforts.
The game is knowing which is the right 20% - distinguishing the Vital Few from The Trivial Many. 20% of your customers yield 80% or your revenues, and 20% of your customers yield 80% of your profit. But not necessarily...
The Vital Few
Generators > The Vital Few
5 Ways To Improve Your Adsense Earnings
5 Ways To Improve Your Adsense Earnings
by: Erika Ackerman
If webmasters want to monetize their websites, the
great way to do it is through Adsense. There are lots
of webmasters struggling hard to earn some good money
a day through their sites. But then some of the
?geniuses? of them are enjoying hundreds of dollars a
day from Adsense ads on their websites. What makes
these webmasters different from the other kind is that
they are different and they think out of the box.
The ones who have been there and done it have quite
some useful tips to help those who would want to
venture into this field. Some of these tips have
boosted quite a lot of earnings in the past and is
continuously doing so.
Here are some 5 proven ways on how best to improve
your Adsense earnings.
1. Concentrating on one format of Adsense ad. The one
format that worked well for the majority is the Large
Rectangle...
5 Ways To Improve Your Adsense Earnings
Generators > 5 Ways To Improve Your Adsense Earnings
5 Ways To Improve Your Adsense Earnings
5 Ways To Improve Your Adsense Earnings
by: Erika Ackerman
If webmasters want to monetize their websites, the
great way to do it is through Adsense. There are lots
of webmasters struggling hard to earn some good money
a day through their sites. But then some of the
?geniuses? of them are enjoying hundreds of dollars a
day from Adsense ads on their websites. What makes
these webmasters different from the other kind is that
they are different and they think out of the box.
The ones who have been there and done it have quite
some useful tips to help those who would want to
venture into this field. Some of these tips have
boosted quite a lot of earnings in the past and is
continuously doing so.
Here are some 5 proven ways on how best to improve
your Adsense earnings.
1. Concentrating on one format of Adsense ad. The one
format that worked well for the majority is the Large
Rectangle...
5 Ways To Improve Your Adsense Earnings
Generators > 5 Ways To Improve Your Adsense Earnings
Promoting My Affiliate Programs. How?
Promoting My Affiliate Programs. How?
by: Vickie J. Scanlon
Getting your website up, is really just the first phase of your journey to a career on the Internet. You must promote your website, your product or your service to the world. Well, how do you do it? Maybe this article might help you in getting started or give you additional ideas.
There are many different ways to promote your affiliate program, however, it depends upon what type of program it is, ?Your Turnkey Program? or Affiliate Linked-Program for selling a product.
Hmm-mm, interesting.
What works, what doesn?t?
GET OUT THE WORD
Bulk Emailing ? Bulk emailing use to be the craze.
Did you notice the word use to be the craze.
That has changed with the stricter spam rules and penalties ? all to protect us.
But bulk emailing can be done, if you have an opt-in list ? such as, through a newsletter.
But don?t overextend the...
Generators > Promoting My Affiliate Programs. How?
5 Ways How You Can Boost Your Google AdSense Earnings
5 Ways How You Can Boost Your Google AdSense Earnings
by: Mohd Fairuz
Google AdSense is a great way for webmasters to monetize their websites. While many webmasters are struggling hard to earn $3 - $10 per day, some 'genius' webmasters have already enjoyed $30, $100, and even $300 a day from AdSense ads on their websites. How are these 'genius' webmasters differ from their counterparts? They think different! They think out of the box!
Let me share with you some tips which has been responsible in boosting my AdSense profits by 700%. Here are 5 of them, and if you follow these steps, I'm sure you'll see a difference in your AdSense income.
Here are the tips:
- I concentrate on 1 format of AdSense ad, which is the Large Rectangle (336x280). This format has been proven to work with me in resulting high click-through rates (CTR). Why this format? Because the ads look like normal web links, and people are trained to click...
Generators > 5 Ways How You Can Boost Your Google AdSense Earnings
The Emergent Feminine
The Emergent Feminine
by: Judith Richardson
In the beginning of 1990 I was being guided to explore the nature of feminine and masculine, feeling the shift in the re-emergence of feminine energy. As a storyteller, I am called to "seed" the story, myth, legend through the mediums of words, sound and movement, whereby individuals can choose to become stimulated and awakened.
The historical role of women is often visible only through the records kept by men, which often minimizes or distorts the role of women in the shaping of culture and society. Much of the material that has been passed down to us reflects a male bias that does not feel whole. Building ourselves up by putting others down keeps us stuck; I choose to acknowledge and move forward from the positive past.
Indigenous and wisdom traditions speak of the feminine and masculine in a variety of ways. Both states are present within our natures. Western scholars, influenced by Jungian...
The Emergent Feminine
Generators > The Emergent Feminine
Sweep Away Colic Baby Crying with White Noise
Sweep Away Colic Baby Crying with White Noise
by: Cherie Stirewalt
It doesn?t make sense does it?
You do everything possible as a new parent to keep your baby healthy and happy.
So why is it, your baby decides to start screaming inconsolably right around dinner time?
Just when you need it least.
Ask yourself?
- When your baby starts crying, is it for spells of 3 or more hours at a time?
- Do these crying spells happen 3 or more times a week?
- Did you notice the crying spells becoming more apparent about the 3rd week after you brought your baby home?
If you?ve answered yes to the above questions, you might have a baby with colic.
Colic is the diagnosis many pediatricians tag on a baby who is otherwise healthy and thriving, but follows the ?Rule of Threes? as stated above.
A colic baby has episodes of inconsolable crying beginning around the 3rd week of life, lasting...
Generators > Sweep Away Colic Baby Crying with White Noise
10 Ways To Shift Your Sales Into Overdrive
10 Ways To Shift Your Sales Into Overdrive
by: Andrew Cantrell
1. Publish testimonials for your free stuff. It would increase their value and if they're viral marketing tools, you'll have more people giving them away.
2. Give your visitors a good time so they will visit your web site again. Use a few jokes, humorous graphics and funny stories.
3. Make money from web sites that don't have an affiliate program, by doing a joint venture. Set up the affiliate program through a third party for them.
4. Build rapport with your potential customers by teaching them something new. Provide them with f.ree ebooks, articles, tips, courses, etc.
5. Allow your visitors to collect things from your web site so they will stop back again and again. It could be a series of software, ebooks or articles.
6. Keep each page of your web site consistent or similar. Use similar text fonts, colors, graphics and background on every page.
7....
10 Ways To Shift Your Sales Into Overdrive
Generators > 10 Ways To Shift Your Sales Into Overdrive
IRS Alert: ?Tax Payers Need to be on the Look out for Fraud"
IRS Alert: ?Tax Payers Need to be on the Look out for Fraud"
by: Howard I Schwartz
Tax-Definition.org (www.tax-definition.org) is reporting on the second part of the tax scam alert from the Internal Revenue Service (IRS): Manipulation of Tax Codes and Laws in Tax Scams.
With the IRS bringing out its annual listings for the numerous tax scams that are...
Generators tax help 3 Important Tips for First Time Home Buyers IRS Alert: ?Tax Payers Need to be on the Look out for Fraud"
Generators > IRS Alert: ?Tax Payers Need to be on the Look out for Fraud"
Travel Gift Ideas ? Christmas Presents
Travel Gift Ideas ? Christmas Presents
by: Rick Chapo
Looking for travel gift ideas? Here are a few that make great Christmas presents or just good old travel gifts.
Travel Gift Ideas
Whether for work or fun, people that travel a lot are easy to buy for. There are simply a ton of gadgets and travel accessories that can satisfy your need for travel gift ideas.
1. Dreamsacks ? Okay, here?s a nasty little secret about traveling. Hotels don?t always...
Generators
Generators > Travel Gift Ideas ? Christmas Presents
New Baby Guide
New Baby Guide
by: Dakota Caudilla
First of all, CONGRATULATIONS! You?re having a new baby! Now, on to the serious stuff. You?re going to get yourself prepared for your new baby, mentally, physically and you will need to adjust your house and car for the new baby too!
Mentally preparing for the new baby
Remember this, women adjust to having a new baby faster than men; so, don?t expect husbands to start being all fatherly after the pregnancy is announced....
Generators
Generators > New Baby Guide
The Positive Effects of Ambient Music
The Positive Effects of Ambient Music
by: Mark Altman
Ambient nature sounds have the ability to aid sleep, reduce stress, and provide a relaxing atmosphere for activities such as yoga, tai-chi, and meditation.
Most of us spend our days surrounded by the sounds of vehicles, televisions, and office machines. Nature sound recordings can offer us an escape from these unnatural surroundings, and allow us to reclaim our balance. Popular sounds used in ambient...
Generators 3 Important Tips for First Time Home Buyers hearing aids
Generators > The Positive Effects of Ambient Music
A Sample Resume Template Can Help Get the First Interview
A Sample Resume Template Can Help Get the First Interview
by: Larry Washington
Trying to land that perfect job that's come your way? A sample resume template can help you do just that.
A sample resume can help you get that first interview. That's one step closer to getting through your future employer?s door. That's is your goal...right?
You might be wondering "How can a sample resume template help me get an interview?"
Simple...
You...
Generators 3 Important Tips for First Time Home Buyers A Sample Resume Template Can Help Get the First Interview sample resume
Generators > A Sample Resume Template Can Help Get the First Interview
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