Credit Repair...

It is never too late to start working on your credit repair

How to get quick credit recovery...

1. Apply for a secure credit card
2. take out a secured loan in a small amount from a local bank. Security may be assets, cash, etc.
3. Review your credit report and work through credit reporting agencies to remove duplicate and inaccurate accounts.

• Transunion 877-322-8228
• Experian 888-397-3742
• Equifax 800-685-11

4. Make regular payments on your secured loan and credit card for several months. Time and consistancy is key.

5. Pay your rent, utility bills, cell phone, insurance, etc. on time for use as "alternative" credit.

It is also beneficial to contact a mortgage lender and ask questions on your credit. They can be a handy resource.

How to get a Better Credit Score

Here are a few tips in boosting your credit score.

• Get current on your bills and stay that way. Consider an online bill paying to pay your bills.
• Pay down your revolving debt. Do not move debt around between credit cards.
• Do not open a lot of new accounts.
• If you are having trouble making ends meet, contract your creditors or a legitimate, non-profit credit counselor. They would rather work with you on a payment schedule than see you fall delinquent and not pay at all.

Good credit can be a homeowner's most valuable possession. Use it wisely and guard it well.

Free Credit Report

Lori's Market Updates

You can receive one Free credit report annually-

Annual Credit Report Request Service
PO Box 105283
Atlanta, GA 30348-5283
877.322.8228

www.annualcreditreport.com

Contract for Deed

Creative financing??? What about a Contract for Deed. What is it and how does it work?

A contract for deed is an agreement to sell property in which the seller delivers the title after final payment is made. It sometimes can be offered by a buyer who has difficulty obtaining a mortgage loan however they are able to show that they have income to make the monthly payments. Usually the contract is for a few years with a balloon payment, for which the buyers normally get a mortgage to pay off the balance.

Should you have any more questions in regards Contract for Deed please contact me..

Eagan Fun Fest- Eagan

Entertainment, Food Vendors, and Art. June 27-28th. 9-5 on Saturday, 10-5 on Sunday. Eagan Community Center Festival Grounds.

www.eaganartfestival.org

PAN-O-PROG- Lakeville

Do not miss the various events during the week of Pan-o-prog in Lakeville. There is a craft market, classic car parade, Fireworks on the 4th and the Grand Parade 5:30 pm on July 11th. Look out for the Edina Realty Group in the parade. For more information go to ... www.panoprog.org

Housing Market Update - Week June 15, 2009

New listings and pending sales both took a jump upward in the week ending June 6 as the annual post-Memorial Day surge in activity took place. There were 1,226 signed purchase agreements in the Twin Cities for the week, which represents a 33.4 percent increase over the same week last year. The 2,160 new listings were a 4.3 percent decline from a year ago but were a significant bump over the activity seen during the Memorial weekend respite.

Statistics provided by MAAR- Minneapolis Area Association of Realtors