You are listening to the John and Heidi Show Bonus Hour. If you miss
any of the program, you can find a podcast at the bottom of the
page at Sonny Radio dot com at Weird Gift of the Day dot com.
Well, how hope you get ready for all the fun holidays throughout the year
with fun, silly and just playing. Weird gift ideas for your friends.
If you have a friend who has a bizarre sense of humor, We've got
a gift for them. Weird Gift of the Day dot com post a link
to something that will make you smile each and every day. Whether you buy
these weird gifts or not, it's worth checking out just for a smile.
Weird Gift of the Day dot com. That's Weird Gift of the Day dot
com. Thank you for listening to The John and Heidi Show on a Monday.
We appreciate you guys so much. I know it is kind of a
weird week. It's gonna be like a full week. I gotta go back
to work. This weekend was so nice, it was like a long weekend.
Yesterday just felt so weird. I'm like, what day is this Sunday?
How is it Sunday? We've already had like three Sundays this week,
but no back to work today. I'm excited because I've got not one,
but two guests joining me. I've got Brent Baker and his dog. Oh
yeah, he's getting adorable puppy. I can't wait to see Brent Baker.
He'll be here before you know it. A lot of fun stuff to get
to. Thanks for listening to The John and Heidi Show. Bonus hour,
Give you self. It may be time to get a better credit card.
Overtime your situation can change. Then you could qualify for a better credit card,
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out for free at better credit cards dot com. That's better credit cards dot
com. Give you self, God switch to credit cards dot com. Thank
you for listening to the John and Heidi Show. On a Monday, I
have Brent Baker in the studio. Hello, sir, and how are you
this fine day? I am fantastic, and you have your puppy dog.
I forgot your dog's name. No Bella, Bella, see, I was
going to say that Bella just got up. I was like, yes,
yeah, I heard my name. Bella's like your real estate retriever or what
kind of dog is Bella? We don't know. Just very sweet. When
people ask, I say sweet sweet. She is very very sweet, and
she's always so well behaved. Yeah. We come in here on Mondays and
we talk talk, and Bella is sitting in here all the time. But
she's just she just looked at me. She's like, I heard my name.
Yeah, where's the treat? Where's the treat? Oh? Now she
heard that word. So we better get through our stuff, so you could
go spend some time with her. Let's talk. It's you know, last
week was Thanksgiving. We're sneaking up on the holidays. This is a weird
time of year. But this is something that can happen anytime of year,
mortgage mishaps, and we're going to talk about how to avoid them. So
let's start with the very beginning. What's the first thing you can do to
avoid a mortgage mishap. Well, don't make a sudden change in employment.
Oh yeah, those throw things off. You know, you have to be
established in your workplace for you, these lenders, these investors who buy your
mortgage to feel comfortable that you're going to be able to make the payments.
So talk that over with your lender. Yeah, before we get too deep.
Yeah, because if you're getting ready to buy a house, and I
see people do that kind of thing, because I think the next one here
is talking about cars, where they'll go out and they'll go, oh,
we're going to get a new house, We're going to get a new car,
We're going to get all these things. They make all these changes and
then all of a sudden, hey you were approved for a mortgage, but
now you're not approved for that mortgage anymore. That could be a big problem,
can't Well, it could be, and we see it quite often because
that changes your debt to income ratio. And so before you make that vehicle
change, make sure you've talked with your lender, and if at all possible,
just delay it until after you've got your home, because all situated right,
even if the size of the payment doesn't change, you've increased the debt
and that's going that has to enter into the calculation. Absolutely. Sing On.
There's credit cards. You want to make sure you stay current with those
as well, because that could be an issue too, Kenna, Right,
That all affects your credit score, and if they see that credit card debt
piling up, which here again we go back to your debt to income ratios.
You got to keep those things current. Another thing on the list here
the down payment. A lot of the time people set aside funds to have
the money for a down payment, but then they're looking for a house and
they go, oh, hey, but this one's got this big room.
We need furniture for that, We need this, we need to You got
to be careful. You don't spend that money too right, And that's happened.
And I can give you many realtor names or they you know, they
cringe because they were so close. People get a house under contract and then
they go out and start buying furniture to fill it. Well, if you
go buy furniture before you actually have the keys to the house, yeah,
you probably won't be getting the keys to the house unless you're in a really,
really really good situation. Number five on the list, don't omit debts
or liabilities from you application. So this is one of those things where tell
the truth, the whole truth, and nothing but the truth. Correct.
And this because I'm working with these clients once again, but I remember when
I was working with them the first time, they had forgotten about some debt,
and in fact it was a school loan. So if you're a couple,
make sure both of you meet with that mortgage lender, because in this
case, he remembered his school loans, but he forgot about hers, and
that really changed the pictures. So it's not just school loans, it's all
loans absolutely, So don't be disappointed because they will find them and at the
most inopportune time, and you're going to be very, very embarrassed and also
can cause a big problem. Well correct, and you're going to be a
lot of heartache. We're going our way through the mortgage mishaps. Number six,
we talked about being happy with your current furniture because you don't want to
go out and buy new furniture and mess things up. Number seven, don't
conduct unnecessary credit checks. So this I could see making a big difference too,
because the number of times they check your credit that impacts your credit score,
doesn't it correct, and they'll start docking your score. So if you're
going to go out, if you're shopping for a mortgage, don't do one
this month and one next month. Do them all very close together within a
couple of weeks, so that the credit scoring companies understand you are shopping for
a mortgage. Yeah, if you spread those out, then they started digging
you. No. Number eight is to check about gift funds. What does
gift funds mean? So occasionally we'll have somebody who say mom and dad will
give them a gift. But this also has to be on a particular form.
So if you're borrowing money from XYZ Bank, you have to get a
form from XYZ Bank for gift funds, and you know it has to be
signed, and it's not just mom and dad said they would, No,
it has to be signed. Nice. How about informing your lender if you're
going to change bank accounts. That probably makes sense too, especially if that
lender is going to probably want to know if you're leaving them. But also
I'm sure there's other reasons for that. Well, there is. Anytime you're
making big moves, they have to know why, and sometimes there's legitimate reasons.
You know, say the bank you were with is charging excessive fees and
so forth, and you want to move because it's not very often that people
actually get the mortgage at the same place they have their other accounts, but
some institutions require that you do have say a checking account with them or a
savings account or something. But they need to know about any changes and why
I'll be listed and the last on the list of the ten mortgage mishaps.
To avoid, just say no when asking the co sign alone, and I'll
bet that probably happens a lot where they're like, well, I can't qualify,
but if you help me, well, it's one thing to ruin your
own credit, but it's something completely different to have somebody else ruin your credit
for you. It is, and you would be shocked at how often we
are have this pop up. Is It usually like brothers, sisters, aunts,
uncles sometimes, but sometimes it's non related. It's a friend. And
so now that person no longer has the ability to go out and borrow because
they are now tied to this debt over here of another person. So when
approached about co signing, even for mom and dad, no oblo, I
glace, don't. I don't know what you mean. If somebody does have
questions, maybe we didn't cover them here. But again, Brent is a
real estate agent. If you've got a question about buying a house, about
selling a house, any of that. He is a great guy to connect
with. How do they get ahold of Brent? I can be found at
six zero five three to one zero zero two ninety seven or Brent Baker at
kW dot com Very nice. You can also find him online his website Clients
FirstGroup dot com at Weird Gift of the Day dot com. Well, I
hope you get ready for all the fun holidays throughout the year with fun,
silly and just playing weird gift ideas for your friends. If you have a
friend who has a bizarre sense of humor, We've got a gift for them.
Weird Gift of the Day dot com post a link to something that will
make you smile each and every day. Whether you buy these weird gifts or
not, it's worth checking out just for a smile. Weird Gift of the
Day dot com. That's Weird Gift of the Day dot com. Time now
for this day and Sue Fall's history, brought to you by the Suit Falls
Fun Page, West, Sue Studios, and Sonny ninety three point three.
It was on this day, November twenty seventh, nineteen twenty five. Katherine
Katie Rogers and her daughter Zara team up to rob the first State Bank in
Renter. The dastardly do make off with one hundred and ninety one dollars from
their hest. Upon capture, was discovered that the two had been casing many
stores in Sue Falls and the surrounding area, and they even had neighbors complaining
of items turning out missing while they were away from home. The two were
released on a bond and eventually left the area. This day in Sue Falls
History has been brought to you by the Sue Falls fun Page, West Sue
Studios and Sonny ninety three point three. Give you sel Fund Credit. It
may be time to get a better credit card. Over time, your situation
can change. Then you could qualify for a better credit card, one that
offers you a better rate, or one that offers miles points cash back,
or whatever is the best fit for you. Check it out for free at
better credit cards dot com. That's better credit cards dot com. Give you
sell Fund Credit, Good credit Cards dot Com. Hey, this episode of
The John n. Heidi Show Bonus Hour is done now. There are times
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and Heidi Show, which is syndicated on like three hundred stations around the country.
There's actually a podcast for that as well, So if I mentioned something,
they're going, hey, whatever happened, he didn't talk to that person,
or this didn't happen, that didn't happen. You can find that podcast
at johnand Heidishow dot com. Thanks for listening to The John and Heidi Show. Bonus Houer