Better Than Success Real Estate News Briefing
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Better Than Success Real Estate News Brief for July 26 2021
Every week, the team at Better Than Success round up the biggest and most important news, policy changes, funding sources and investing opportunities for real estate investors and small business owners. It's the market information you need to know before pulling the trigger on your next or first investment. Find each article mentioned in episode 9 below... Mortgage Regulators To Eliminate Controversial Refinancing Fee https://www.forbes.com/sites/brendarichardson/2021/07/16/mortgage-regulators-to-eliminate-controversial-refinancing-fee/?sh=5294ccf4ffe3 How Biden’s Neighborhood Homes proposal impacts real estate investors https://www.housingwire.com/articles/how-bidens-neighborhood-homes-proposal-impacts-real-estate-investors/ Ransomware imperils title, mortgage industry https://www.housingwire.com/articles/ransomware-imperils-title-mortgage-industry/ On Thursday’s live Q&A session with Eric Muaz he shared 5 key factors that most banks look for on your credit. A FICO score of 700 or higher at least 5 years of credit history, having less than 3 hard credit inquiries within the last 6 months, no derogatory items on your report and low usage on revolving credit. He also gave tips on positioning your children to have great credit by the time they become adults. He shared that you can add children in their teens as authorized users on credit cards that are in good standing, to begin establishing their credit age and history. You can also have your child responsibly apply for their own credit card at 18 so by the time they’re 23 they will have at least 5 years of credit history. To see our upcoming events, visit betterthansuccess.com/events.
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