Recent Articles by Nabil Captan

What to do with credit-challenged homebuyers

What to do with credit-challenged homebuyers

Many real estate agents often do not know where to send potential homebuyers who have negative credit histories or have defaulted on their previous mortgages. Although they can offer several options, these options might not adequately meet their clie...
By Nabil Captan | Tuesday, July 5, 2016
Beware of Connect Credit Report and Score from Experian

Beware of Connect Credit Report and Score from Experian

Most real estate professionals want to be well-informed in all elements of the home purchasing process so they can do the best job serving potential homebuyers ......
By Nabil Captan | Tuesday, June 7, 2016
Why the FICO score desperately needs a makeover

Why the FICO score desperately needs a makeover

It matters to you how much interest you pay when getting yourself a mortgage, but do you care how much your clients pay in interest cost when they’re buying a home? The truth is, as long they qualify for a loan, you probably don’t care ......
By Nabil Captan | Friday, June 3, 2016
Why do Californians pay more for a credit report security freeze?

Why do Californians pay more for a credit report security freeze?

Credit Report Security Freeze is basically taking control of our historical data at the three CRAs (Experian, Equifax and TransUnion). Requesting a Credit Report Security Freeze (CRSF) is a good idea for everyone. However, it’s imperative to a pers...
By Nabil Captan | Monday, November 9, 2015
Is a fraud alert or security freeze better after a data breach?

Is a fraud alert or security freeze better after a data breach?

I have to admit first; but my 25-year-old son Sammy asked for my advice. He's a T-Mobile customer. He wanted to know if he should sign up for the two-years-free monitoring service -- fraud alert -- presently being offered by Experian. I described to ...
By Nabil Captan | Thursday, October 22, 2015
Do you know your FICO score?

Do you know your FICO score?

When a first-time homebuyer purchases a credit score on the recommendation of a reputable financial institution, he or she will be under the pretense that it's the same score that will be used when a lender underwrites their loan. Furthermore, advis...
By Nabil Captan | Friday, October 9, 2015
How to remove federal tax lien from consumer credit file

How to remove federal tax lien from consumer credit file

A federal tax lien every so often causes death to a real estate transaction. It shouldn't. Its solvency or release might require services of a tax attorney. However, in most situations professional help might not be necessary to remove a Notice of Fe...
By Nabil Captan | Friday, September 18, 2015
Millions are returning to the homebuying market — here’s what you should know

Millions are returning to the homebuying market — here’s what you should know

There are many who defaulted on their mortgages because of a job loss or personal disaster, who otherwise would have paid responsibly. These defaulted mortgages resulted in short sales or foreclosures. These defaults were the product of decisions mad...
By Nabil Captan | Thursday, July 30, 2015
3 ways to help clients protect their identities

3 ways to help clients protect their identities

As a real estate professional or a lender, you need to be mindful of the genuine and useful resources available regarding identity theft. These tools can help your clients lessen the impact of identity theft, limit exposure of their nonpersonal priva...
By Nabil Captan | Wednesday, July 8, 2015
5 CFPB facts agents must know

5 CFPB facts agents must know

Real estate agents often are not sure where to direct their clients for genuine help when an inaccurate adverse credit reporting clouds a real estate transaction ......
By Nabil Captan | Thursday, May 28, 2015
What Realtors need to know about credit scores

What Realtors need to know about credit scores

Realtors often first direct their clients to get approved for a loan amount through their favorite lender. However, many of these clients feel betrayed, cheated and at times embarrassed to learn that the credit scores they counted on, in some cases ...
By Nabil Captan | Wednesday, September 3, 2014