Question Details

Magaly,  in Wayne County, MI

if a house is redeem after a sheriff sale (by selling it), does it still show in the seller's credit report

Asked by Magaly, Wayne County, MI Thu Mar 27, 2008

as a foreclousure?

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Your credit report will show the late payment history leading up to the foreclosure and a balance $0. The notation underneath the line item will say "Redeemed."

You will not be able to get a new conventional , FHA or VA loan for three years.
0 votes Thank Flag Link Thu Mar 27, 2008
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