In 1998 when I was late on my mortgage 60 days the company began the foreclosure process and sent me a letter to make me aware of this.
I immediately scraped the money together and got the mortgage up to date.
I am now in the process of buying a new home and my otherwise good credit is tainted by a “commence foreclosure proceedings” from the mortgage company in 98.
Is there anyway to get this off my record? I would appreciate any advice.
All I have ever been told is to dispute it in writing to all three reporting agencies. They may remove instead of fooling with the dispute. I have had them removed because they were close to 7 years anyway. It is worth a try as it only takes a few bucks and time.
Also you can still get mortgages etc with a old entry but will pay a little higher rate.
Happy Hollidays and Thank you,
Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas 78737