Posted on: 11th Nov, 2010 09:40 am
Hello All, :D
Questions, I short saled my home 8 months ago, and my credit report indicates "forclosure"... is a short sale considered a forclosure? Before the shortsale, my mortgage comp put me on a payment program initially, but they took so long to make a decison to modify my loan (80/20) that my payments were late due to the money struggles. I called every day for a status... I did not get an anwser for almost a year. Finally they told me to short sale. So I did... now I have 90 days late on my credit report. Can I fight this? I had an 80/20 which means 2 mortgage comp reporting bad credit. Also if have VA benefits which I did not use for the last house, can I buy a house now, or do I have to wait 2-3 years? Blessings!!! :D
Questions, I short saled my home 8 months ago, and my credit report indicates "forclosure"... is a short sale considered a forclosure? Before the shortsale, my mortgage comp put me on a payment program initially, but they took so long to make a decison to modify my loan (80/20) that my payments were late due to the money struggles. I called every day for a status... I did not get an anwser for almost a year. Finally they told me to short sale. So I did... now I have 90 days late on my credit report. Can I fight this? I had an 80/20 which means 2 mortgage comp reporting bad credit. Also if have VA benefits which I did not use for the last house, can I buy a house now, or do I have to wait 2-3 years? Blessings!!! :D