How much does a foreclosure lower your credit score?
Let’s learn how much does a foreclosure lower your credit score. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
Best solution
I have a 720 credit score and foreclosure on my record that is 14 months old. Any info will be greatly appreciated. Thanks!
Answer:
Once that foreclosure is on record...your credit score will take a 100 - 150 point drop. The only way...
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Other solutions
I hear a lot about how these hurt credit, and how they stay on a credit report for seven years. Given the Michigan economy, it's something I'll be facing should I take a job elsewhere. Thanks for your specific answers.
Answer:
A lot depends on what your current score is. If your credit is near perfect and your score is over ...
Tr0nik at Yahoo! Answers Mark as irrelevant Undo
I recent had to do a foreclosure (strategic) as my condo wasnt worth a short sale at all... per the info I can find, the auction was on 3/21/14. My credit union shows a zero balance ...show more
F4EMFXCI5OCPRWLRHJKFEB44SQ at Yahoo! Answers Mark as irrelevant Undo
Answer:
Information about the specifics of credit scoring is largely emphirical and based on trial and error...
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Answer:
The damage your credit takes after a foreclosure depends upon how high your credit rating was prior...
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We are looking for a lender who will work with us. It has been six months since foreclosure on our old house. We have no debt and more income and would like to buy a new house. The credit score is there. We are looking for 0% down. Let me know who will...
Answer:
I would be amazed if you can make this happen. First off lenders work on the basis that once a bad customer...
joy v at Yahoo! Answers Mark as irrelevant Undo
Answer:
With a higher interest rate. You will able to purchase a home with a subprime mortgage. What this means...
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7 months behind, foreclosure process hasn't started yet...
Answer:
Yes you can, the quickest way if you have the money to do so is, as Elbandito said, pay the amount that...
Vanitee at Amazon Askville Mark as irrelevant Undo
I am in need of refinancing our home. We are currently almost 2 months behind on our mortgages. We stopped the foreclosure in October but are headed that way again if we don't ...show more
Answer:
There are companies that can help. However you may be better off attacking your issue by resolving your...
OIEZ3E3Q4H4LCF2CA5FFGQRKTI at Yahoo! Answers Mark as irrelevant Undo
Answer:
Credit scores are calculated based on ALL the information in a consumers' file at the time the score...
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