Articles filed under Harney, Ken
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Should Realtors' ethics violations be available to the public?
Sep 14, 2018 6:15 AM - In an era when you can find almost anything you want to know online about real estate, there's one important subject that's difficult for people to check out: Ethics infractions by local Realtors, including agents you might want to hire to list your house or help you buy.
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Hope is on the horizon for home buyers in 'gig' economy
Sep 7, 2018 6:00 AM - Here's some promising news for self-employed entrepreneurs, "gig" economy workers and small business owners: There's a bipartisan push underway on Capitol Hill to make the home-mortgage process a lot easier for you.
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Lower credit scores, higher debt ratios open opportunities for homebuyers
Aug 31, 2018 6:00 AM - Is it easier today for homebuyers with a high debt ratio and subpar credit scores to qualify for a mortgage than it's been in years?
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Sellers' price-cutting trend could be good news for buyers
Aug 24, 2018 6:00 AM - The great American post-recession housing-price boom appears to be losing at least a little of its oomph, opening opportunities for alert buyers. New research released last week by realty marketing site Zillow found that one of every seven listings (14 percent) across the country saw a price reduction during June.
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Frozen credit files can slow mortgage process
Aug 17, 2018 6:43 AM - Heavier use of credit freezes could create more complications and delays when people with frozen files apply for mortgages. Some lenders say dealing with applicants who keep their files in deep freezes -- and want to keep them frozen during as much of the mortgage process as possible -- can be challenging.
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Credit tool offers customized path to a better score
Aug 10, 2018 6:00 AM - FICO has created a new prescriptive "Score Planner" tool the company says will allow you to improve your score within a set time period by following a customized, detailed set of steps. Though it's only in the pilot stage with one of the three national credit bureaus, Experian, FICO officials told me last week that in the months ahead it should become widely available through participating banks, mortgage companies, brokers and others.
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Escrow-free loans raise credit-risk questions
Aug 3, 2018 6:00 AM - Do you really need an escrow account attached to your mortgage? Aren't you capable of remembering when it's time to pay tax and insurance bills? These questions suddenly are more controversial than you might guess.
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Closing costs can bust a homebuyer's budget
Jul 27, 2018 6:00 AM - In the emotional rush that precedes buying a home -- negotiating contract details and price, beating away rival bidders, searching for the best mortgage deal -- closing costs often aren't a pressing concern. Yet what you pay at settlement can be surprisingly expensive, even a budget buster.
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Booming home equity: Financial opportunity or warning sign?
Jun 29, 2018 6:00 AM - According to the latest estimates from real estate analytics firm Attom Data Solutions, 347,875 new home-equity lines of credit (HELOCs) were taken out during the first quarter of this year -- up a surprising 18 percent from the final quarter of 2017 and 14 percent higher than the same time last year.
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Paying the right commission is ultimately up to you
Jun 22, 2018 6:44 AM - So you think things don't get rough in real estate and feathers don't fly when agents' commission money is at stake? Ha. Listen to what Joshua Hunt, founder and CEO of discount-fee realty brokerage Trelora recently said here at a meeting of the Federal Trade Commission and Justice Department.
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