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Credit and Insurance |
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By First-Time HomeBuyer Magazine on
Thursday, March 20, 2008
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Credit scores have traditionally been used to determine the creditworthiness of applicants for financing. Lenders routinely use scores to establish the likelihood that payments will be made on time and that loans will be repaid in their entirety. In an increasing and controversial trend in the automobile, home, and other insurance-related products, major agencies are using the credit scores of their clients to establish policy premiums.
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Ways to protect one of your biggest assets |
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By First-Time HomeBuyer Magazine on
Monday, February 25, 2008
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Let’s assume you are the primary income producer or half of a dual-income situation and become a proud owner of a new home, rental property, or real estate. You’ve received a mortgage because the lender felt comfortable with your income level and financial situation. What happens if you become disabled and can’t work, or worse, what if you die? Besides the emotional trauma, a surviving spouse or domestic partner could experience a significant drop in the household income, a drop that may produce severe financial problems that could lead to a forced sale of the home, potentially at the worst possible time. It could maybe even cause foreclosure.
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Life Insurance: What Women Need to Know |
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By First-Time HomeBuyer Magazine on
Thursday, August 30, 2007
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If someone depends on you, chances are you need life insurance. Why, then, are men more likely than women to own life insurance? And why do women have, on average, about half as much coverage as their male counterparts?
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What is Owner's Title Insurance? |
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By First-Time HomeBuyer Magazine on
Wednesday, August 29, 2007
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Owner's Title Insurance is an insurance policy that guarantees the property is free from problems such as hidden liens and claims, including work performed by any contractors prior to your purchase. Here's why you might need it.
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Insure to Rebuild |
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By First-Time HomeBuyer Magazine on
Wednesday, August 29, 2007
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People sometimes assume that their home insurance coverage should equal the amount they paid for the house or the amount they owe on their mortgage. This is a common mistake.
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Insure Your Children's Future |
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By First-Time HomeBuyer Magazine on
Thursday, August 16, 2007
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You can change your entire financial outlook and the financial outlook of your children with one simple plan now that will make a big diffrerence in the future and may help them make their own downpayment.
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