By now, most every borrower (be it mortgage/auto/personal or otherwise) has heard of FICO scores. FICO stands for Fair Isaac Corporation. The scores represented by FICO are a statistical tool that aids lenders in assessing the “risk” factors of your credit profile. No lender knows for certain exactly what factors are used in determining your
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We have just launched a new type of real estate site that is dedicated to helping you become informed.Read More »
Latest News
The importance of FICO scores
August 18, 2011
Market Watch for San Luis Obispo County
San Luis Obispo County home sales in 2011 are similar to Home sales in 2010. As the leading Title Company in San Luis Obispo, we have closely watched the local sale trends of the Central Coast and recognized that each territory of our County differs from other Counties due to our unique geographic location and
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August 16, 2011
New Mortgage Lender in San Luis Obispo
Making its home in The Forum building, Bank of Commerce Mortgage is a relative newcomer to downtown – but not when it comes to its people or financial strength. Partners Bill Mott, Ron Penir and Ben Lerner have served the San Luis Obispo community as mortgage lenders for a combined 35 plus years. “Providing excellent
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July 22, 2011 Mortgage
Has the real estate market turned the corner?
Has the real estate market finally turned the corner? After personally having the toughest 6 months that I have had in over 15 years, I am now having the best quarter in my 25 year career. There doesn’t seem to be any rhyme or reason but I’m hoping it’s a long term trend. It looks like
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July 22, 2011 first time buyers, investing, real estate market
Short Sale, A Step-by-Step Process
Northern Santa Barbara County and Northern San Luis Obispo County have not overcome the Short Sale market quite yet. The number of closed short sales is increasing in both San Luis Obispo and Santa Barbara Counties. As a local title company, our closing ratio for Short Sales is steadily climbing. What is a Short Sale: A
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July 22, 2011 Escrow Porcess, Short Sales