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You can't "erase" something off of your credit report. The best solution to not go into foreclosure. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first. Try http://www.speedyrealestate.info. Good luck!
What else can I help you with?
How to Erase foreclosure off credit report?
wait 7 years
How long does foreclosure stay on your credit?
7 years. Lenders will set underwriting guidelines for how much time must pass after a foreclosure before they will lend to you again, but the acutal reporting lasts 7 years. Some lenders will extend credit if the foreclosure is not within the last 2 years, 3 years, or 5 years depending on their policy.
How long does a foreclosure initiated stay on your credit?
Foreclosures remain on your report for 7 years. It is difficult to get a foreclosure removed.
How long will my foreclosure stay on my credit report?
A foreclosure remains for a minimum of 7 years. In some states, it can legally remain for longer.
Does a timeshare foreclosure hurt your credit after a bankruptcy has been discharged?
Any foreclosure or bankruptcy affects your credit. And for anywhere from 7 -10 years.
How long may a foreclosure judgment affect someone in Minnesota?
usually 7 years
If you were in foreclosure but were able to refinance the home before the foreclosure went through how long will this stay on your credit report?
When I went through this they told me seven years, but it gave me trouble til 10 years to the day. At ten years and one day, it was like the world re-opened. the old loan which was in foreclosure, should show up as paid zero balance since you refinanced it. The loan and all of your late payments will still show up for 7 years.
How long will your credit be affected with a deed in lieu of foreclosure?
The item will remain on your report for 7 years.
Can you file for chapter 13 two years after a chapter 7 discharge to prevent foreclosure?
Yes, you can.
What are the Repercusions of foreclosure?
My own home is in foreclosure (I am currently in the process of getting it out) and I can tell you from my own experience what the repercussions I have seen are. * My credit score is terrible (low 500's). It had been good (700's) before my foreclosure. * I cannot get any loans or credit. * The interest rates on some of my credit cards has jumped significantly. From the research I did, I found estimates that you would not be able to buy another home for 4 to 7 years. It stays on your credit report for at least 7 years.
What is A foreclosure of academic studies associated with 7 down?
The answer to 7 down related to a foreclosure of academic studies is likely "dropping out." This term refers to a student leaving school before completion without transferring to another institution.
After a foreclosure when would you be able to buy a home again?
Normaly your credit history will be damaged for 7 years.
