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What else can I help you with?
Can you buy a house if you have a foreclosure on your credit?
you must restore your credit.
Can you lose your general contractor license or your real state license if you have foreclosure in your credit?
You will not lose your general contractor license or your real estate license if you have foreclosure on your credit report. A foreclosure or bad credit is not a disqualification for these types of licenses.
What happens to your credit on a short sale?
A short sale will have a detrimental affect on your credit record but not as bad as a foreclosure.
How long after foreclosure can you buy a house but your credit score are more than 740?
Ask your lender
What effect does Foreclosure have on credit?
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.
How long does a foreclosure stay on your credit report?
A foreclosure will typically remain on your credit report for seven years.
Is it possible to buy a house if you've already had a foreclosure?
Yes, you can. If you show good credit worthiness after foreclosure. Usually two years after. With at least 3 new accounts and with 1 account with a credit limit above $3,000.00.
After a foreclosure when would you be able to buy a home again?
Normaly your credit history will be damaged for 7 years.
Is there still a past due amount on your credit report after foreclosure?
The foreclosure will be on your credit report indefinitely.
What will a foreclosure do to your credit report?
Foreclosure is, without question, very damaging to your credit report. All item on your credit report stay there for 7 years, so consider looking into other options. 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.
Does a Deed in lieu of foreclosure affect credit the same as a foreclosure?
Deed in lieu of foreclosure is not nearly as devastating to your credit as is a full foreclosure. Below is an article about the pros and cons of deed in lieu.
How long does foreclosure stay on your credit report?
A foreclosure will typically remain on your credit report for seven years.
