I had excellent credit and now I am facing foreclosure on a 2nd home is there a way I can increse my score aga
Question:
Answer:
your credit rating is gonna go down if your house is in foreclosure
Start all over and build credit again.only way...
buy out the forclosure with equity from other properties.
www.lendia.com/holliston
Yes, there are legal ways to delay foreclosure.
consult with an attorney who specializes in real estate.
Bankruptcy is a better strategy for creditworthiness than foreclosure, by far. I was close to foreclosure. Had I chosen that route I would not be able to purchase a new home today. Today, just two years after bankruptcy, I am able to purchase a home at 6.25%, 100% financed.
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