Posted on: 30th Aug, 2010 02:27 pm
My home is in foreclosure and set for sale next month. We are under review for a modification. Our credit report shows that the home has been foreclosed. If we are approved and accept the modification will the foreclosure come off our credit report?
Hi taniam!
Welcome to forums!
Unless your property is sold off at a foreclosure sale, the lender cannot report it to the credit bureaus. In that case, you should ask your lender to contact the credit bureaus and remove the foreclosure listing from your credit report.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Unless your property is sold off at a foreclosure sale, the lender cannot report it to the credit bureaus. In that case, you should ask your lender to contact the credit bureaus and remove the foreclosure listing from your credit report.
Feel free to ask if you've further queries.
Sussane