Tips for Increasing Your Credit Score

When purchasing a home, your credit score is very import when obtaining a loan.

Your credit score will determine if you get approved for a loan and what interest rate you will get.

There are a few things you can do to help improve your credit score. This includes:

1) Pay your bills on time

2) Keep your balance due as low as possible

1) Be cautious in opening new credit sources

2) Pull your credit report and review it to see if there are any items on the report that are erroneous.

3) Look on this report for any mistakes or debts that you have paid off that are still on the report.

4) Pay down any high balances on your credit cards.

5) Be cautious in closing inactive accounts. If you do close accounts, leave the oldest ones open versus a newer account.

To find out your credit score, call David Ruch today!

If you are upside down in your home, David Ruch will help sell your home, even if you owe more than your home is worth.

If you could like to talk to an agent, call David Ruch at (303) 840-9252.

To search our database of over 30,000 homes without a realtor, go to our website today http://www.real-estate-denver-colorado.com/.

8512 W. 94th Place, Westminster, CO | Powered by Postlets

8512 W. 94th Place, Westminster, CO | Powered by Postlets

Great home in Westminster, Colorado.

If you would like to talk with an agent, please call David Ruch at (303) 840-9252 or visit our website at http://www.real-estate-denver-colorado.com/.

Tax Credit Deadline Extended

This week the Senate passed a bill that extends the closing date for the tax credit program to September 30th, 2010.

This bill will only help buyers that already signed their contract by April 30th. The tax credit program was such a popular program, more time was needed to close all the transactions.

THE NATIONAL ASSOCIATION OF REALTORS® requested this extension that will help around a hundred eighty thousand buyers. The House still needs to approve this bill before it goes into effect.

If you haven’t found a home yet, and would like to search over 30,000 homes without a realtor, click here and start searching today.

Check out our five amazing first time home buyer programs. You can also ask us about our Rent to Own Homes or search our New Homes in California.

If you are upside down in your home, David Ruch will help sell your home, even if you owe more than your home is worth.

If you could like to talk to an agent, call David Ruch at (909) 767-9091.

Fannie Mae’s Home Affordable Foreclosure Alternatives

June 1st, Fannie Mae released an announcement for Fannie Mae’s Home Affordable Foreclosure Alternatives (HAFA). This announcement provides guidelines for short sales and deed-in-lieu (DIL).

These new guidelines will go into effect August 1, 2010. The summary of the Fannie Mae HAFA program is as follows:

· works with borrowers that are eligible for Home Affordable Modification Program (HAMP)

· Informs the borrower of pre-approved terms for their short sale.

· Uses standard documents and procedures

· Provides incentives to all parties (borrowers, services, lienholders)

Incentives provided to the servicer are $2,200 for a short sale and $1,500 for a deed-in-lieu (DIL). The incentive provided to the borrower is $3,000 to help with moving expenses.

If you are interested in finding out more about Fannie Mae’s HAFA, call us today. David Ruch can help explain this information further. Call David Ruch at (303) 840-9252.

Why have interest rates fallen?

Interest rates were predicted to rise in 2010, but a few factors have changed that prediction. Interest rates have instead fallen. There are so many things going on in the economy right now that can influence the mortgage interest rates.

When the Treasury stopped purchasing mortgage securities in March, many felt that rates would increase. In fact, rates continued to decrease through May.

One factor affecting mortgage interest rates is Europe’s investment markets have dropped causing the dollar to strengthen against the euro.

Considering this, May’s interest rates remained low. We are not out of the woods yet and interest rates might rise. If you are considering purchasing a home in the Denver metro area, now is a good time to invest while interest rates are lower. Check out our website for a free listing of bank repos, HUDs, foreclosures and short sale homes. We can check your credit scores and see what home you can afford.

If you are interested in a rent to own home, call us today. Take advantage of these lower rates. If you would like to talk to an agent today to see what rate you would qualify for, call David Ruch at (303) 840-9252.

If you would like to do a free search of thousands of bank owned, short sale, foreclosure, HUD repo homes goto http://www.real-estate-denver-colorado.com.

Testimonial

To: David Ruch & Friends,

Nationwide Homes

William Botelho here. Hope that this email finds all of you healthy and doing well.

I just wanted to send you a note about my experiences with Nationwide Homes. Feeling almost compelled to write this, I would be remiss if I failed to do so. You see Mr. Ruch, I'm a firm believer in giving credit where credit is due and am highly responsive to caring and considerate people - both within a casual and professional capacity.

Recently, my wife and I purchased our first home, with the help of you and your staff. As you may know, this can be both intimidating and overwhelming. Especially for individuals new to the home purchasing process. Not only that, but it can also be somewhat frustrating and financially trying. Most people, when purchasing a home, can easily fall prey to the pressures and stresses of such a detail oriented procedure. This simply was not the case - thanks to you and your staff.

My wife and I would like to sincerely express our tremendous gratitude to you and your staff for providing us with a most enjoyable experience, in purchasing our home. We never imagined that it could be so uncomplicated and joyous. Again, thanks to you and your staff.

Our first contact with your company, was with Mr. Steve Martin. A saint by any definition of the term. Steve's committment to helping make our dream come true, if you ask me, is unparalleled at any capacity, in any industry or business. His unwavering, positive attitude and willingness to both educate about and clarify the detailed process, was extremely appreciated and welcomed like a breath of fresh air. And believe me, we had alot of questions. Mr. Martin truly is a knowledgable professional and a genuinely caring person. We greatly appreciate Mr. Martin's honesty, integrity and concern for our best interests. Steve was extremely helpful and genuinely caring in our dealings with him. A valued asset to us and your company, as well. Thank You so much Steve !

Nancy Sauceda was our agent and purchasing representative, on behalf of Nationwide Homes. Throughout our purchasing process, Nancy's ever-present patience and personally concerned attitude, never faltered. And, it contributed, as a vital part, to making our dreams come true. Her pleasant personality and skilled professionalism really elevated the enjoyment factor and all but eliminated any related stress. With a focus on finding exactly what we wanted, Nancy provided a can-do, let's make it happen, game plan. And that's exactly what happened. We got exactly what we wanted, for what we wanted, when we wanted it. All, thanks to Nancy. Thank You so much Nancy !

Our Nationwide Homes appointed finance specialist was TerriLynn Robinson. Now I don't want to bash numbers people. But, typically they can be a cut and dry, black or white, type. Just take what I say with a grain of salt. Numbers people can be all business. A regular p.i.t.a.. Not TerriLynn. She was an absolute joy to work with. None of the cold, just the facts type attitude. It was a pleasure to work with a financial specialist, without feeling like just a number. TerriLynn was friendly, warm and professional. And boy did she get the job done in a timely fashion. A great asset for both of us. Thanks a bunch TerriLynn !

Lastly David, I must commend you on assembling such a skilled group of professionals and a pleasant team of caring individuals. Somehow, I firmly believe that there is more to your group otherthan simply the excellent training that you provide. You truly have a wonderful group of people, Mr. Ruch. And, this translates into great rewards for your clients, like us. For this, we are tremendously grateful ! Keep up the Outstanding work.

A Sincere Gratitude goes out to you and your staff, Mr. Ruch !

Respectfully Yours,

William Botelho & Melissa Cross

Highlands Ranch, CO

P.S. If there is anything that we can do you and your staff, please do not hesitate to contact us! You guys have made some life long friends!

For Sale: 4BR/2+1BA Bank Owned Family House in Parker, CO, $292,900

For Sale: 4BR/2+1BA Single Family House in Parker, CO, $292,900

Check out this bank owned home and search more for FREE at http://www.real-estate-denver-colorado.com/.

To talk to an agent, call today (303) 840-9252.