We recently had a short sale done on our home about 3 months ago. We had a 1st and 2nd which the 1st came back as paid satisfied and the 2nd saying settled for less than owed. How do I get the 2nd on my credit report to look better than that.
What is the 2nd reporting? Did you get them to agree to anything when you did the deal with them?
There are a few options. One is to challenge the 2nd's reporting on your credit, which you do by submitting a challenge not to the lender, but to the credit bureaus. They initiate an "investigation" which means sending an inquiry to the lender, who probably doesn't respond, and then you automatically win.
Last night webinar was very helpful for Loan Mods. I had to listen to it from my cell and because of the weak reception I had at times I couldn't copy Sam's phone number. Can you please send it to me. Thank you very much
Comments on Loan Mod Situations »
We recently had a short sale done on our home about 3 months ago. We had a 1st and 2nd which the 1st came back as paid satisfied and the 2nd saying settled for less than owed. How do I get the 2nd on my credit report to look better than that.
What is the 2nd reporting? Did you get them to agree to anything when you did the deal with them?
There are a few options. One is to challenge the 2nd's reporting on your credit, which you do by submitting a challenge not to the lender, but to the credit bureaus. They initiate an "investigation" which means sending an inquiry to the lender, who probably doesn't respond, and then you automatically win.
warmly
–Richard
Last night webinar was very helpful for Loan Mods. I had to listen to it from my cell and because of the weak reception I had at times I couldn't copy Sam's phone number. Can you please send it to me. Thank you very much