Megan Foley's (mefoley) Blog

  Thinking about buying your first home???  NOW is the time to take the leap...and the credit. Thanks to the Housing & Economic Recovery Act of 2008, qualified first-time home buyers are finally getting the credit they deserve:  up to $7500 for homes purchased between April 9, 2008, and July 1, ...

1.  You won't spend your hard earned money on a home inspection and an appraisal ($250-$550 or more that is NOT refundable if you don't get the home or your loan is turned down) 2.  The seller will take your offer to purchase thier home more seriously. 3.  You won't be on the street after giving ...

1.  Don't buy or lease an auto.  The lender looks carefully at the debt-to-income ratio.  A large payment such as a car lease or purchase can greatly impact those ratios preventing the buyer from qualifying in some cases.2.  Don't move assets from one bank to another.  These transacations may sho...

Any feedback is greatly appreciated. I'd really like to focus on my clients and you can give me the best answers:)Perhaps the top 3 is a great way to start, ad more as you like :)Thanks

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