Positive rental history will now help many renters, including those who lost their homes and must now rebuild
their histories after foreclosure or bankruptcy.
However, one can repair credit
history after a foreclosure with the help of some simple actions.
Not exact matches
If a homeowner can sell the property during this time, he or she may be able to avoid
foreclosure proceedings, and its negative effect on their credit
history and future prospects (see Getting a Mortgage
After Bankruptcy and
Foreclosure).
Credit reporting agencies are required to remove most derogatory items from your credit
history after seven years, including late payments, defaults, collections and
foreclosures.
Jonathan Gray of Blackstone Group LP went on the biggest homebuying spree in
history after the U.S.
foreclosure crisis, purchasing repossessed properties from the courthouse steps and through online auctions.
RPR's Property Report takes a deep dive into data sets like property characteristics, values, listing and
foreclosure activity, market statistics, demographics, property
history, taxes, and school information, and even the property's before - and -
after photos.