25% of Consumers Have Errors on Credit Report

I was reading this article online and wanted to share it in our blog. Credit reports are free from all three reporting agencies, so it would be a good first step to get your credit report.
25% of Consumers Have Errors on Credit Report
Consumers need to be extra vigilant about checking for any errors on their credit reports, according to the Federal Trade Commission.
One in four Americans report they’ve found an error on their credit report, according to a study conducted by the FTC, which analyzed 1,001 consumers’ credit reports from the three major agencies, Equifax, Experian, and TransUnion. Researchers helped the consumers spot potential errors on their reports.
Five percent of the consumers found such large errors on their report that they could have gotten stuck paying more for mortgages or other financial products, if they hadn’t taken steps to correct it before applying, according to the study.
Twenty percent of the credit reports studied that were found to have errors in it were ultimately corrected after the consumer took steps to dispute it, which resulted in about 10 percent of consumers receiving a higher credit score, according to the study.
Consumers are entitled to receive a free copy of their credit report each year from the three reporting agencies.
Source Realtormag.realtor.org: “Study: 1 In 4 Consumers Had Error In Credit Report,” The Associated Press (Feb. 11, 2013)

Happy to see the diminishing snow

This weekend is the end of March and I am happy to see the diminishing snow leave my roof. There is a small patch left that with the rain today I expect it to be all gone. Now, I will start thinking about spring and watch to see when the ice goes out on Brandy Pond. As has been mentioned in the newspapers, it was quite early last year mid March as I recall but having lived here for many years, it has also had years when it went out much later. Brandy Pond has a large area of open water right now so I’m excited.

THE ICE HOUSES ARE ON LONG LAKE!

I live in Cape Monday Cove and, as I looked out from my deck this week, I was so happy to see that the ice houses are on Long Lake. This is a clear indication that the ice is finally safe to walk on.

Long Lake is open to fishing for:

Landlocked salmon, Lake trout (togue), Brook trout, Brown trout, Smallmouth bass, Largemouth bass, White perch, White sucker, Rainbow smelt, Common shiner, Fallfish (chub) Golden Shiner, Cusk, Pumkinseed sunfish and American eel.

Principle Fisher: Landlocked salmon, Smallmouth bass, Chain pickerel and largemouth bass. The lake is open to fishing for all fish both summer and winter under general law regulations.

Snowmobilers will now be able to access the lake and it will be so much fun!

My neighbor has just built a fish shack and I look forward to walking out to see it this week.

Living in Cape Monday Cove gives me such a beautiful view of so much that is going on at the lake.

Town of Naples

Naples is one of the most picturesque small towns in western Maine. While neighboring Windham is often called the “Gateway to the Lakes Region”, then Naples surely is the “Heart of the Lakes Region” with eight lakes and ponds falling within its borders. These clean and clear lakes include Sebago Lake, Long Lake, Brandy Pond, Trickey Pond, and Peabody Pond.

Summer visitors are drawn to the Causeway where they find lots of fun activities by day and spectacular sunsets, bustling nightlife, and restaurants and pubs by night. And no one should miss the chance to cruise Long Lake or travel through historic Songo Lock on a rented boat or cruise on the iconic Songo River Queen. Add in golf, hiking, biking, swimming and fishing and the active outdoor enthusiast will never lack for things to do in Naples

Local marinas provide many watercraft options for fun on the water. Enjoy over 40 continuous miles of boating in the region by going north the full distance of Long Lake to the village of Harrison or south through Brandy Pond, the Songo River and into the majestic Sebago Lake. Explore Sebago Lake’s many coves and islands, tie up at a local marina for gas and food, or fish to your heart’s content.

Whatever the season, Naples abounds with energy. Summer visitors, seasonal residents and campers look forward to the annual Blues Festival in June, the 4th of July parade and fireworks, community band concerts at the gazebo, mini-golf, arcades, novelty stores, antique shops and ice cream parlors. Fall brings leaf-peepers, hikers and nature lovers in search of brilliant foliage and clean, crisp air. For some, winter is best, with snowmobile rallies, ice fishing, and nearby skiing. If you’re looking for a place to make lasting memories, Naples is a great destination!

Square Miles – 36.5
Population – 4,200
Distance to Portland – 30 miles
Type of Government – Town Manager/Select Board
2010 Tax Rate – $11.60/per thousand

Visit the town of Naples website at www.townofnaples.org.

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The World of Being a Landlord

The world of being a landlord – it does have its pros and cons; is it for you? If you are thinking of owning a home but you don’t want to stress about a mortgage from month to month you may want to look into owning a rental or a multi-family home, where you have one or two apartments you rent out while you live in one of the units. I personally own a three family home with my husband, it is our first home. We chose that path because with being self-employed it gave us a crutch if work ever slowed down, and we could get out of the in-laws. Let’s face it no matter who your in-laws are you still want your own place! Click hear to get started – just remember to switch the property type from Single to Multi-family – http://www.mainerealestate.me/searchformhm.taf
You may also want to consider buying a water-front property as an investment to rent out on a weekly or monthly basis and save a week or month for yourself as a vacation home. One in the lakes region would be key; you could rent year round, advertising the ponds and lakes for fishing or ice fishing, snowmobiling, and swimming and the mountains for hiking, snowshoeing, or hunting. With the rental income you may be able to cover your mortgage and even make a profit depending on location and how many weeks you want to rent. But doing so there will be quite a few repairs and most likely higher cost in home owners’ insurance. Use the link to search for waterfront properties by pointing at the lakes http://www.mainerealestate.me/lakemap.php