Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 15 years ago, 06/19/2009
A foreclosure was vacated by the mortgage company?
Never heard of this one before and was hoping I could help out a potential buyer of mine. She had a property where the mortgage company started foreclosure proceedings against her, but she was able to sell the property (at a profit - this was 2006/2007) before the mortgage company actually foreclosed. She showed me the legal summary and it shows the last 2 actions on the case as the mortgage company filing a motion to vacate the order of foreclosure and the mortgage foreclosure being voluntarily dismissed.
However, a "foreclosure" still shows up on her credit report? Can this be disputed on the grounds that the bank filed and was granted an order to vacate the order of foreclosure? Thanks.
Tim