USA – One large, national bank requires that all home buyers trying to buy a short sale give them their credit information before they make an offer on the house. They are asking for the buyer’s social security number and pulling their credit report. Why are they doing this? But, more importantly is it legal?… Continue Reading
USA – You can hire a real estate agent if you want to, but it’s not a necessary step to get preapproved for the short sale. I help my sellers get preapproved but not every short sale agent offers this type of service because we don’t get paid to do it Click here to discover… Continue Reading
USA – A short sale is often viewed as the only alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower. By doing a short sale, you will retain some dignity in knowing that you sold your home and you will have no mortgage payments to make. Click here… Continue Reading
USA – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure. Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all… Continue Reading
USA – The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING. You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part. Get my Free, Step By Step Loan… Continue Reading
USA – I mentioned in the last note that you’ll need to keep a file of records about your credit restoration process. This is an important part of the process, and deserves a bit more than a brief mention. Get my Free, Step By Step Loan Modification Guide by clicking here. The credit reporting companies… Continue Reading
USA – Using your work on the credit report, you are ready to take action. You are now going to write a letter to the credit bureaus about the items you’ve highlighted and noted. Get my Free, Step By Step Loan Modification Guide by clicking here. You are writing to the credit bureaus because they… Continue Reading