Supporting home ownership for the next generation – Part 2

Supporting home ownership for the next generation – Part 2 Mark Wells at Preferred Financial Services continues the discussion on how parents and grandparents can help the next generation become homeowners. Sometimes it seems like my children are not that interested in owning a home. What should I tell them that might encourage them to take a look at the benefits...

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Supporting home ownership for the next generation

Supporting home ownership for the next generation Last week, Mark Wells of Preferred Financial Services discussed ways to assist new home buyers through financial gifts. Today’s column addresses other means of preparing them for home-ownership. This equally important, non-financial assistance can make all the difference in the next generation being able to purchase a...

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Credit restoration services – helpful or harmful?

Credit restoration services – helpful or harmful? Nearly every week, Mark Wells at Preferred Financial Services meets with clients who have entered into credit-repair contracts hoping to improve their credit scores. Some find they are unable to transact a mortgage because the credit-repair company has effected changes that will have to be reversed to adhere to...

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Credit breaches in the news

Credit breaches in the news The recent revelation that credit agency Equifax was hacked raises fears that almost anyone could become a victim of identity theft. Below are Mark’s responses to clients’ questions about the best ways to protect themselves. How serious is the treat of identity theft? Having processed over 10,000 mortgage loans, I have encountered very few...

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