Six steps to install vinyl flooring
1) Clean the floor: sweep, vacuum, then wipe down with an ammonia solution to remove grease.
2) Make a template: some people use 15 pound roofing felt that comes in three foot rolls. Measure the width of the room and cut the paper a little long. Lay the first sheet on the floor and set it in place with tape. Carefully trip the paper with a sharp utility knife so that matches the contours of the walls and the toilet. Add another sheet and tape the second sheet to the first. Repeat until the template is complete and carefully remove it from the floor.
3) Cut the vinyl: a six foot wide sheet should provide an almost seamless floor in a small bathroom. Roll the vinyl out on a floor and tape the template to the vinyl. Pay attention to the patter to make sure it aligns properly. Cut the vinyl with a sharp utility knife. Cut a little wider than the template, as it is easy to trim. Make a cut behind the toilet to allow placement.
4) Position the vinyl on the floor: Once it is in place, roll half of it back and trowel vinyl adhesive on the floor. Make sure to apply a uniform coat of glue. Gently roll the sheet onto the adhesive smoothing it with your hands as it lies down. Use a J-Roller to smooth the surface. Next, lift the remaining half of the flooring, trowel on the adhesive, smooth and roll.
5) Trim the edges: Use the utility knife and go slowly. Use a metal straightedge where the floor meetings straight wall runs. Smooth the edges as you go. You will need to free-hand it around the toilet.
6) Caulk: Apply caulk around the edges and around the toilet.
Tips when applying for Loan Modification
The following tips were given by Stephfan Nurse, CEO of Consumer Education, makers of mortgage reduction software designed to help people thru the modification process:
1) When faxing or sending in your paperwork to your lender, make sure that your loan number is printed on every page you are sending in. Lenders received thousands of papers a day and sometimes the cover sheet gets lost or the fax gets misplaced. If you have the loan number on every page, they can make sure it gets in your file.
2) Make sure that ALL of the requested paperwork is included in the file. If you are missing just one required document, they will show your account is incomplete and your file sometimes goes to the bottom of the pile.
3) Follow up every week with your lender to make sure all of the documents they have are up to date. Don’t worry about being a pest; this usually keeps your file moving along.
These tips are the same tips we use when submitting Short Sales. The complete packages move along much quicker then the packages submitted with missing documents. Some lenders even tell us to keep sending in pay stubs and bank statements so the file is kept current at all times.
Credit Scoring to Change!
CoreLogic and Fair Isaac Corp known as FICO, recently announced a collaboration that will result in a separate score that will be available to mortgage lenders and incorporates information that will include payday loans, evictions and child support payments. In the future, information on the status of utility, rent and cell phone payments may also be included.
Separately, last month, the Experian, Equifax and TransUnion, began providing estimates of consumer income as a credit report option. And, earlier this year, Experian began including data on on-time rental payments in its reporting.
This new information could either help some potential homeowner’s to obtain a loan or could be detrimental to those who are on the board of qualifying for a loan.
The CoreLogic – FICO partnership won’t result in a credit score that will rule out a borrower for a mortgage backed by Fannie Mae, Freddie Mac or the FHA, which together own or guarantee at least 90 percent of the mortgages being written. That’s because the Experian, Equifax and TransUnion “tri-merge” report required for such a loan does not rely on CoreLogic data. But it could mean either more or fewer mortgage fees or a higher or lower interest rate charged by lenders that in today’s cautionary lending environment have heartily adopted risk-based pricing.
