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Real Estate News Articles
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Dear Investor,
Did you know that you could save yourself thousands of dollars a year by simply improving your credit score? Good, bad or terrible, it doesn't matter. Just understand these simple, but profound facts:
(1) Your credit score can be improved no matter how good or bad it is and
(2) The results will put money in your pocket..., possibly a LOT of money
Poor credit scores will lock you out of buying a home, getting a job, or even renting an apartment. But anything less than a stellar credit score is still costing you money. And many times, your credit score is less than stellar through no fault of your own. For instance, you may have never been late for a payment in your life, but because you've allowed too many inquiries to your credit, your score suffers.
Here's how an improved credit score can save you up to $100,000/year;
That $1,238/mo house payment that you have now with a bad credit score could be as little as $872/mo for the same house with a good credit score. Multiply those savings times 12 months/year and your savings from just that one payment alone could save you as much as $4,392 a year.
Now add the money saved on your home mortgage to the savings you'll obtain with lower interest rates on your credit cards, car loans, and your real estate investments. The savings really mount up!
And when you start taking out loans for larger deals, like commercial properties, in which the loan balances are 10 to 20 times higher than your home loan, the savings will be 10 to 20 times more. On a large investment, you could save as much as $50,000 to even $100,000/year in financing costs. All that, just by paying attention to your credit score and ensuring that it's as good as it can be.
Credit is a tool - a very powerful tool when you're making real estate purchases. We've taught you how to buy houses without the need for going to the bank, but EVERYONE has to eventually go to the bank and borrow money at some time in their lives. And some of the best deals in real estate are through bank financing, especially with commercial real estate investments. So don't wait until you need bank financing to check your credit. If you wait until you need it, it's too late.
If you've read this far, then what I'm about to tell you will be the "icing on the cake" and will be your payback for sticking with me. Because the big secret that no one tells you is that credit can be repaired and derogatories can be completely deleted. Just like a broken car that you take to your mechanic for repair, your credit score can be repaired by professionals too. Even serious dings to your credit like tax liens, judgments, charge-offs, bankruptcy, foreclosure, collections and late payments can be deleted from your records and your credit made "good as new" again. Did you hear me? I said that they could be deleted from your records..., as if they were never there, never to be seen again by anyone!
Want to learn how?
You can when you join us tomorrow at USLandCo's free Thursday tele-seminar series. This week's guest entrepreneur will be Tracy Ballard, one the country's top consumer credit strategists in her field. She travels extensively, speaking at seminars about her signature credit restoration strategies. You will have the pleasure of learning her credit strategies in the comfort of your home, but only if you join us;
See you at the top!
Yours for Profitable Investing,
Lee Parker
U.S. Land Company, Inc.
Cutting Edge Resources for the Real Estate Entrepreneur
http://www.uslandco.com (800) 808-6349
P.S. We've arranged some extra lines, but please call in a little early. Once the lines fill up, you won't be able to get on the call.
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