Foreclosure?

Question:

I had a house that went into foreclosure, but it was sold before we went to court. They have it on my credit report, and now I can't get a mortgage, because it won't go through the computer system without being denied. They guy said once it sees foreclosure or bankrupt... it will kick it out. What can I do to have this remove?

Answer:
The fact that the house was sold before court doesn't matter. What matters is that your lender reported you not making your payments to credit bureaus.
This will be on your credit report for a long time (maybe 7 years, just like a bankruptcy) and it's almost impossible to remove. Contacting the lender will not help. Why would they do anything? As far as they are concerned, you are a credit risk.
The only way for you to get a loan, is to go with lenders willing to lend to high risk borrowers, but the interest rate will be high and they'll ask you for a large down payment.
Sorry to give you the bad news, but this is the way it is.

You have to write to the company that reported it to the credit bureau and have them remove it. Do it certified mail.

you went bad on your loan now you want another loan... lets be serious here..

how about rent for at least 18 months then take another swing at it. banks are less likely to give out bad loans nowadays.

You have a foreclosure. There's no removing it because it is factual. My understanding is that most banks will begin ignoring the foreclosure after about 10 years. Provided of course that your credit stays good.

If you need more foreclosure help try visiting http://foreclosure-help-now.com...

If you need more credit repair tips check out http://repair-bad-credit-fast.com...

Foreclosure?

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