Five Tips to Repair Your Credit After a Foreclosure

It is certainly hard to live with bad credit.  You can, but it will not be a lot of fun.  Many have been faced with foreclosures and short sales recently.  You can’t live in the past, you must look forward and work on making the future better.  Starting with your credit is a good place.

Start by pulling your credit report and assure your foreclosure or short sale has a zero balance.  You can pull a free report annually by visiting https://www.annualcreditreport.com/cra/index.jsp

Be sure to continue to apply for credit.  Not too much, but lenders want to see a credit history.

Make your payments on time.

Don’t use credit repair companies.  No one can remove accurate negative credit issues from your report.  They often require an upfront fee and you may not get what you were hoping for.

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About Michelle Nantz

There are many qualities and skills that go into being an excellent real estate professional: integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills, and a high-quality professional network ~ all of which are hallmarks of Michelle Nantz. In 2003, Michelle began her career in real estate, after a successful career in restaurant and hotel management with her last position as Regional Director of Operations running 56 hotels throughout two states. She owes her success in real estate and management to her expertise in people skills, managing, negotiating, and follow-up. However, it is Michelle’s dedication to quality service that she ultimately credits her success. Michelle shared, “In my experience as a Lake Norman real estate professional, I’ve found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to their needs.” This “client first” philosophy combined with continual personal improvement and keeping up-to-date with the latest technologies is a cornerstone of both Michelle’s and Lake Norman Realty’s business philosophy. In addition to Michelle’s extensive real estate education and her experience in the local market, she is also an Accredited Staging Professional®, which brings additional value to marketing her clients’ homes. Michelle and her family have made the Lake Norman area their home for over 10 years. In her rare leisure moments, you’ll find Michelle with her three children and husband, or unwinding with gardening or reading. “I live and work in this community and only have the best interests of our community and its members in mind,” says Michelle. Her community activities include participation in Denver Days, Relay for Life and support for Christian Ministries and area schools.
This entry was posted in Foreclosure and Short Sales, General Information, Sellers and tagged , , . Bookmark the permalink.

One Response to Five Tips to Repair Your Credit After a Foreclosure

  1. dardwader says:

    Thank you for the excellent post.

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