Columbus
OH – The next step in your credit repair process is a very important
one. This is the time where you check the results of your efforts so
far.
Click here to discover how other sellers successfully did a short sale and avoided foreclosure. http://columbusohshortsaleadvisors.com/
The
credit bureaus have now sent you their results, including a new credit
report and a letter telling you what has changed on the report based on
your disputes.
Don’t just read what they sent and file it away! Make a copy of it, and have it ready to file.
Take
out your file that has the original copy of your credit report and put
it side by side with the new report. Take out your copy of the letter
you originally sent to the bureau that laid out all the things you were
disputing.
Go through and compare these disputes against their updated credit report.
Their
summary might say that an item was investigated but was verified, and
so it still shows on your credit report, and wasn’t removed. They won’t
say more than, “item verified.”
This could discourage you, but
what folks who’ve been down this road before you will tell you is that
no one called the original information provider to verify the item –
that they used that eOscar dataset to check it out.
If they “verified” something on your credit report which clearly isn’t yours:
-Call the toll-free number at the top of the report
-Tell
them your report reference number and ask for “the method of
verification per FCRA (Fair Credit Reporting Act) Section 611 (a)
(7).
-If they say they called the original creditor, ask them for the phone number of the original creditor.
-Call the original creditor and ask for the records yourself.
-If
they say the records are not available, call the credit reporting
agency back at their number from the results report and tell them that
the original creditor has no records, and that they need to open another
dispute – provide them with the name and number of the person you just
talked to at the original creditor.
This sounds like a lot of hassle, but it’s worth the extra effort.
On
the other hand – you might find in your new reporting from the credit
bureaus that the disputed item was investigated and the listing was
found to be inaccurate or unverifiable!
If this is the case, the
negative listing will either be deleted from your report all together or
it will go from being a negative to being a positive. This is great
news for you! Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at robin.lemmons@kingthompson.com. I will contact you for a free consultation.
When
we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here. http://columbusohshortsaleadvisors.com/
Thinking
about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your
bank. Click here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495.
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor.
Columbus OH Short Sales. Columbus Realtor. Columbus OH Short Sales.
Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Rick & Robin
Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the
government. Our services have not been reviewed or endorsed by the
government or your lender. Most lenders willingly work with agents on
short sales. Why?
Because most short sales are beneficial to a
lender. If you accept our offer to help you on a short sale, your lender
may not agree to a short sale or to modify your loan. We do offer a
loan modification kit.
However, the likelihood of negotiating a
modification is like everything else in life. It takes work and
persistence to convince your lender to modify your loan. No matter what
you or we do, your lender may not approve a loan modification.
We
do not recommend that you stop paying your mortgage, because this will
cause damage to your credit and could cause you to lose your home.
Because we know avoiding foreclosure is so important to any homeowner,
we recommend that you speak with the appropriate legal or tax advisor
before making any decision.
This is not intended as legal,
technical, or tax advice. Please speak with a licensed professional
before making any decision. Information is deemed reliable but not
guaranteed as of the date of writing.
You have the option to
reject a short sale or loan modification from your lender if it does not
meet your approval. If you decide not to go thru with the short sale,
then you do not have to pay us our fee. We normally make a real estate
sales commission for helping you on a short sale.
The views expressed here are Robin's personal views and do not reflect the views of Coldwell Banker King Thompson.
This
information on Fixing Credit After A Columbus Short Sale Step 8:
Checking Your Results is provided as a courtesy to our viewers to help
them make informed decisions.
No comments:
Post a Comment