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Shasta County MLS Hotsheet 9/8/2010

17 New listings today on the Shasta County MLS.

[idx-listings linkid=”98033″ count=”17″ showlargerphotos=”true”]

Parsons Realty offers many tools including the Daily Hot Sheet to help you find the perfect house. Save time and let the best real estate deals find you, sign up for our VIP Buyers Listing Alert.

Parsons’ free Listing Alert service will automatically send residential property listings direct to your email. You’ll only receive properties in your price range and location(s) of interest. We also offer smart phone notification, voice message alerts, fax alerts, pager and Instant Messenger notifications.

Will Good Rental History Help Your Credit?

Rental History Credit ReportIf you would have asked me this question a week ago,  I would have said no.  Most landlords and property managers do not report your rental history to the credit bureaus unless you do not pay and they have to evict you.

Last week I was working with a first time home buyer that had very little credit history.  He worked hard, paid off his car loan quickly and never carried a credit card balance.  He was in the process of purchasing a home in Redding with a  20% down payment.  One would assume that this situation would be a slam dunk, right?  Actually, it was not.

The loan underwriter was concerned about the buyers lack of credit history.  So, the loan officer, scrambling to figure away to make this deal work, contacted one of the three major credit bureaus and provided them with the lease agreement and a statement from the landlord explaining that the rent was on time and the tenant was great.

After this change was applied to the buyers credit, the loan officer was able to re-submit the loan to the underwriter and they approved the loan!  The last two years of good rental history was enough to put him over the edge.

After hearing about what this loan officer was able to do, I did a little research and concluded that this is something that every renter should do.  The first step would be contacting the three major credit bureaus and ordering a copy of your credit report.

Experian-1-888-397-3742
www.experian.com

TransUnion-1-800-916-8800
www.transunion.com

Equifax-1-800-685-1111
www.equifax.com

Once you receive the report, verify that the rental history is not already listed. If it is not,  you can contact the credit agencies and ask them to add the history to your report.  They will most likely ask you for documentation to backup your claim, such as a copy of your rental agreement and copies of canceled rent checks.

I would love to hear your experiences with this.  Please feel free to comment below.


Amazing new credit repair guide gives you the most effective credit repair tactics available to defeat bad credit.

Shasta County MLS Hotsheet 9/7/2010

New listings to see on the Shasta County MLS.

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Parsons Realty offers many tools including the Daily Hot Sheet to help you find the perfect house. Save time and let the best real estate deals find you, sign up for our VIP Buyers Listing Alert.

Parsons’ free Listing Alert service will automatically send residential property listings direct to your email. You’ll only receive properties in your price range and location(s) of interest. We also offer smart phone notification, voice message alerts, fax alerts, pager and Instant Messenger notifications.

Shasta County MLS Hotsheet 9/6/2010

20 New listings on the Shasta County MLS to see.

[idx-listings linkid=”97802″ count=”25″ showlargerphotos=”true”]

Parsons Realty offers many tools including the Daily Hot Sheet to help you find the perfect house. Save time and let the best real estate deals find you, sign up for our VIP Buyers Listing Alert.

Parsons’ free Listing Alert service will automatically send residential property listings direct to your email. You’ll only receive properties in your price range and location(s) of interest. We also offer smart phone notification, voice message alerts, fax alerts, pager and Instant Messenger notifications.

Fannie Mae Is Tightning Foreclosure Timelines

Fannie Mae ForeclosuresFannie Mae issued a news release that warns servicing companies that Fannie will be monitoring all delinquent loans to ensure that foreclosures are being processed within a timely manor.  The main purpose of the Fannie Mae announcement was to make the servicing companies aware of Fannie’s intention to get all non-performing loans off there books as quickly as possible.

They also stated that there will be penalties for poor servicing performance as it applies to foreclosures.  “A compensatory fee not only compensates Fannie Mae for damages but also emphasizes the importance placed on a particular aspect of the servicer’s performance,” the GSE stated in its servicing guide.

Fannie also updated the allowable time frame for foreclosure in each state.  The California foreclosure time line stayed the same at 120 days.

This could mean the days of homeowners staying in their homes for a year or two without making a payment are over.  There are several options to foreclosure including loan modifications, short sale, deed in lieu of foreclosure etc…  It is best to contact your lender immediately and be proactive in solving the delinquency.

You can read the full news release here.

Shasta County MLS Hotsheet 9/4/2010

13 New Listings on the Shasta County MLS today.

[idx-listings linkid=”97661″ count=”15″ showlargerphotos=”true”]

Parsons Realty offers many tools including the Daily Hot Sheet to help you find the perfect house. Save time and let the best real estate deals find you, sign up for our VIP Buyers Listing Alert.

Parsons’ free Listing Alert service will automatically send residential property listings direct to your email. You’ll only receive properties in your price range and location(s) of interest. We also offer smart phone notification, voice message alerts, fax alerts, pager and Instant Messenger notifications.

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Redding Properties

27,463 Listings
1455 Mesa Street, Redding, CA 96001

$289,000 3 beds  1 baths  1,260 sqft 1455 Mesa Street
Redding, CA 96001

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2471 Athens Avenue, Redding, CA 96001

$1.35 2471 Athens Avenue
Redding, CA 96001

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