Posted on: 12th Apr, 2009 03:03 pm
I am behind three months and have started a short sale. if i can come up with the money plus one month in ahead do you think I can negotiate with the lending company to take it off my credit to stop the short sale? I mean the three missed payments that I am making up. or will they keep it on and my credit as late payments or missed payments?
Hi debi!
Welcome to forums!
If you pay off the past due payments and also come up with one month's payment in advance, the lender may stop the short sale procedure. However, your credit report will show it as missed payments or late payments. You may try negotiating with your lender so that he removes it from your credit report.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
If you pay off the past due payments and also come up with one month's payment in advance, the lender may stop the short sale procedure. However, your credit report will show it as missed payments or late payments. You may try negotiating with your lender so that he removes it from your credit report.
Feel free to ask if you have further queries.
Sussane