Some food for thought. Some of these are like Willy Wonka's candy; a full course meal in one little bite.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
-Ronald Reagan
I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-Winston Churchill
A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
-G Gordon Liddy
I don't make jokes I just watch the government and report the facts. 
-Will Rogers
If you think health care is expensive now, wait until you see what it costs when it's free!
-P.J. O'Rourke
When the people find that they can vote themselves money, that will herald the end of the republic.
-Ben Franklin
The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.
-Mark Twain
What this country needs are more unemployed politicians.
-Edward Langley, Artist (1928 - 1995)
I just finished another one of my Credit Scoring Seminar classes tonight, and after countless times doing this, I still chuckle. Where do people get their knowledge of credit scoring? This specific class was great and intelligent so this isn't directed at them. But really, who ever told us that doing the following was good? Especially while applying for financing ...
Pay Off Collections - NO NO NO! This is almost always a bad move. Paying off a collection account often brings down one's credit score. Why? Because it brings the collection "current" - which looks like you just had the collection put on your credit this month. And the more recent the blemish, the worse your score.
Close Credit Cards - Nadda! Closing credit card accounts, especially older ones, can hurt your "history" segment of the credit scoring model (History is 1 of 5 main catagories). Closing all of your credit cards could be really bad depending on other factors. How else can the credit agencies know your wonderful history if it isn't reported? Just leave them open. It's ok. Really.
Buy a New Car!!! - What? Something triggers in people's minds when buying a home. To this day I don't know the scientific word for it - let's call it "The Crazies". People have the strongest desire to buy a car while trying to buy a home. If you are new at this, realize that just because you may be pre-approved, doesn't mean your loan is done with and ready to close. Not only could the new car loan lower your FICO score, but more than likely the new, higher car payment could blow your loan ratios out of whack and therefore nullify your approval.
Like so many successul relationships in life, it is all about communication. Just be proactive and let your loan officer know what you are thinking of doing. If he/she is worth a lick they'll be able to advise you correctly and save everyone a huge headache. As always, if you have any questions regarding credit, credit restoration, or credit scoring, just drop a line or visit one of my classes. I'm always happy to help.
FALL ARTS FESTIVAL 2008 - MULLICA HILL, NJ
Saturday, October 11th, 10:00am - 4:00PM, Friends School, MH
Crafts, Food, Music, Games, Fun and more ...
11:00-John Cassidy - Magician, "balloon freak", and comedian.
Pumpkin Carving Contest - all to be displayed on Main St at 6:30pm! Prizes for best carved, best stenciled, and best painted. Registration between 10-12pm. Pumpkin entry form attached here to bottom of flyer. (very large file)
http://www.stevekappre.com/files/Fall_Arts_Festival.pdf
Antique & Classic Car Show - Saturday, 9:00am - 1:00pm. 114 N. Main St. at Susquehanna Bank
Kids - Airbrushed Tattoos, Colored Hairspray, Moon Bounce, Face Painting ...
Sponsored by the Mullica Hill Merchant's Association
Visit www.mullicahill.com for additional information and a full listing of special events, sales, and discounts!
New Jersey First Time Home Buyer program rates have changed, again. I hosted a very similiar message just over a week ago. In the past these programs would only change every so many months. Not only that, but these rates were usually lower than regular conventional and FHA/VA rates. Well say good-bye to that, at least for now. Hopefully when the market returns to normal, we'll again see the rates as beneficial to first-time buyers. As a side note, a first-time buyer is also someone who hasn't owned a home in the last three years. So if that is you, then you can take andvantage of the Smart Start down payment grant money, which is as high as 4% of the purchase price.
First Time Home Buyer 30 Year Term
7.000% - First Mortgage with no Smart Start assistance
7.375% - First Mortgage with 2% Smart Start assistance
7.500% - First Mortgage with 3% Smart Start assistance
7.750% - First Mortgage with 4% Smart Start assistance
The 40 year team requires an additional add-on of .125%
Home Plus
7.375 with 3 points
Purchase/Rehabilitation Mortgage Program
7.375 with 3 points
MONEY MATTERS WORKSHOPS
Instructor: Steve Kappre, Certified Mortgage Planner 
Location: High School Room 110, Clearview High School
Manage Home Equity Safely and Conservatively Build Wealth
Oct. 7 • 7:00-8:30 pm
Learn how the wealthy use their home's equity and mortgages to safely grow their assets. Examples will be given such as strategies to fund retirement, college expenses, vacation homes plus much more.
Your Credit Report & More
Oct. 14 • 7:00-8:00 pm
Learn everything you've ever wanted to know about the credit scoring model, FICO, ways to improve your credit and even ways to restore your credit.
Home Buyers
Oct. 21 • 7:00-8:30 pm
Details on everything from working with a REALTOR(R) to the importance of credit scores will be discussed. Also covered will be first-time home buyer programs, mortgage options, as well as state grants. This workshop is not just for first-time buyer but for move-up buyers as well.
These classes are part of the Adult Learning Courses held at the Clearview High School in Mullica Hill, NJ. Please contact me for more information and to RSVP for an upcoming session. All are welcome.
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Call direct - 856.419.3561 - Specializing in First-Time Home Buyer Mortgage Loans and down payment assistance grants for Gloucester, Camden, and Salem County, NJ and the surrounding areas.
One of Steve's primary focuses is to work with First-Time Buyers. Steve knows the fears and concerns that come with someone just starting out in life, and his business has focused on first time buyer mortgages and grants for years. It is important that first time home buyers understand all of their options such as the specific mortgages currently available, home buyer grants, seller concessions, the credit scoring model, tax credits and more. It is also important to understand how these options can all be used together to create a successful home purchase.
Some of the first time home buyer options are;
Steve has extensive knowledge regarding credit restoration, and has trained for the specific occupation of a credit restoration specialist. The credit advice that is offered, although very valuable, is free to mortgage clients. Check out some of the articles Steve has written on understanding the credit scoring model and how to improve your credit scores.
Graduate: Certified Mortgage Planning Specialist Institute(CMPS). To learn more about CMPS, check them out at http://www.cmpsinstitute.org/
Specialty programs
"I am very grateful to you for taking the time to help me (fix my credit) even though I am doing the work. The fact that you have laid out the steps for me to follow is the best thing that anyone has ever done for me. It is easier to understand now what I need to do to get to where I need to be. Before reading this and talking to you, all I honestly knew was that as long as I paid my bills on time and got them under the limits my score would go up. Having the whole equation makes it so much easier. Thanks again!" - H.S.
"Thank you again for all of your help, you will be highly recommended to all my
colleagues"
- D. B.
Good service is hard to find, and I believe that your firm has really done an outstanding
job. Your response time is outstanding, your staff is educated and courteous and that
alone is a big deal"
- I. L.
"Steve, thank you again for all of your help. You were great ... and I appreciate
everything."
- S. J.
"Steve, you have been great and have always been willing to answer my calls and
questions. I think that your customer service has been top notch and have no
complaints."
- T. F.
"Thanks. You're the best"
- M. S.
"Thanks for the info ... I knew I could count on you!"
- P. T.
"Does your company send out a survey on the quality of your service we have received
because I would really like to fill a nice one out for a change!:)"
- D. D.
"I have given your name out to a couple of friends ... hope you don't mind"
- K. O.
This information is provided to assist Real Estate Professionals and is not intended as an advertisement to extend Consumer Credit as defined by Section 226.2 of Regulation Z. Quoted Interest Rates, Fees, and Programs are all subject to change without notice and are subject to errors, omissions, changes, and/or withdraw at any time.
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