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melisadawn

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Everything posted by melisadawn

  1. I just put it in dispute. My Fico TU is 719 EQ 654 Do not know experian credit score. I had to send letter of intent to GMAC. I that letter I did tell them that father was in the nursing home and he will not be able to keep up the payments. Told them I was trying to assume the loan to avoid short sale and/or foreclosure. My father signed. I also told them I had certified appraisal and it is appraised at less then he owes. When we filled app out I did list husband as co-borrower. I guess if it does not go well then it was not meant to be. GMAC received app 8-23 but have not pulled credit yet.
  2. I can provide any other info you need. I also have to be careful of how it is done because of medicaid.
  3. The loan is assumable. I have filled out all the paperwork. This is what I have found out so far... 1% for down payment + the title office fees. The interest rate stays the same as my father had. As far as buying it...It will not qualify for FHA. I took an appraiser in there and she let me know. It does need work. The low down is my father is in nursing home and trying to get medicaid. The house is really not an asset according to appraisal and what he owes. Not a big difference though. We do not have 10-20% to put down to try to do short sale or ant conventional loan. We would make this our primary residence (stipulation for assume). I have always wanted this home. The work it needs are things we can do with the exception of 1 thing. I am not on current mortgage of husbands house. He just bought it in 2006 (Thanks to this board) and I always make more then amount due payments. This mortgage is also through GMAC. I have husband listed as co-borrower for the assumable. I have recently heard assumable is harder then conventional. If we do not get it then we will have to let it foreclose I was not sure where to post it. sorry. Was wondering if I should put it in dispute mode before GMAC pulled.
  4. I am copy and pasting from my original with no answers. Maybe someone can help me here. Sorry. First off... I am trying to assume a loan on my fathers house. My husband does own the 1 we live in now. On to my question- GMAC has not pulled CR yet. I was nosing around and pulled TU over 1 week ago and Equifax today. TU has no neg and a score of 719 EQ has 2 neg. same company one for 2400 and one for 6. This was an old Elec. Bill and I was on PIP plan. Here is how it reads Collection agency [?] 410yc00206 Original balance [?] $2,436 Current balance [?] $2,436 Status [?] Unpaid Date assigned [?] Nov 01, 2006 Date reported [?] Nov 01, 2007 Date last active [?] Oct 01, 2006 Date paid [?] Not Reported Date closed [?] Not Reported Original lender [?] **********Electric Co******** Account number [?] *******last four digits show on CR********* Type of account [?] Not Reported Account holder [?] Individual Type of credit [?] Not Reported Payment status [?] Not Reported Largest past balance [?] Not Reported Amount past due [?] Not Reported Account descriptions [?] Not Reported AND Collection agency [?] 410yc00206 Original balance [?] $6 Current balance [?] $6 Status [?] Unpaid Date assigned [?] May 01, 2006 Date reported [?] Nov 01, 2007 Date last active [?] Apr 01, 2006 Date paid [?] Not Reported Date closed [?] Not Reported Original lender [?] *****Electric Co.**** Account number [?] Type of account [?] Not Reported Account holder [?] Individual Type of credit [?] Not Reported Payment status [?] Not Reported Largest past balance [?] Not Reported Amount past due [?] Not Reported Account descriptions [?] Not Reported Should I hurry and put a dispute in on this? GMAC will be pulling within next few weeks so I know it will not be removed by then but not sure if I should leave alone or have it in dispute format on CR. Never heard of this Collection Agency __________________ FYI I pulled my free annual experian and EQ is the only CRA reporting this.
  5. FYI I pulled my free annual experian and EQ is the only CRA reporting this.
  6. First off... I am trying to assume a loan on my fathers house. My husband does own the 1 we live in now. On to my question- GMAC has not pulled CR yet. I was nosing around and pulled TU over 1 week ago and Equifax today. TU has no neg and a score of 719 EQ has 2 neg. same company one for 2400 and one for 6. This was an old Elec. Bill and I was on PIP plan. Here is how it reads Collection agency [?] 410yc00206 Original balance [?] $2,436 Current balance [?] $2,436 Status [?] Unpaid Date assigned [?] Nov 01, 2006 Date reported [?] Nov 01, 2007 Date last active [?] Oct 01, 2006 Date paid [?] Not Reported Date closed [?] Not Reported Original lender [?] **********Electric Co******** Account number [?] *******last four digits show on CR********* Type of account [?] Not Reported Account holder [?] Individual Type of credit [?] Not Reported Payment status [?] Not Reported Largest past balance [?] Not Reported Amount past due [?] Not Reported Account descriptions [?] Not Reported AND Collection agency [?] 410yc00206 Original balance [?] $6 Current balance [?] $6 Status [?] Unpaid Date assigned [?] May 01, 2006 Date reported [?] Nov 01, 2007 Date last active [?] Apr 01, 2006 Date paid [?] Not Reported Date closed [?] Not Reported Original lender [?] *****Electric Co.**** Account number [?] Type of account [?] Not Reported Account holder [?] Individual Type of credit [?] Not Reported Payment status [?] Not Reported Largest past balance [?] Not Reported Amount past due [?] Not Reported Account descriptions [?] Not Reported Should I hurry and put a dispute in on this? GMAC will be pulling within next few weeks so I know it will not be removed by then but not sure if I should leave alone or have it in dispute format on CR. Never heard of this Collection Agency
  7. I am trying for a mortgage and was just checking to see if they pulled yet and noticed experian was not on there.
  8. I went to myfico and the only agencies showing are transunion and equifax. Does anyone know why experian was not there? Did not see a post on this but may have used wrong key words in search.
  9. Not sure which company it was. Howard Hanna gave it to us free because we were first time home buyers.
  10. From what I hear if you do not have it in writing "a pay for delete" then there is not much you can do. Sorry, I see you have it in writing.
  11. I send the payment and x-tra all on 1 check. But my mortgage co sends a bill every month and details where previous payment went. And on the stub I send in It has how you are applying payment i.e. mortgage payment additional escrow additional interest additional principal For ours we have a 60K loan. Payments are 548$ a month including taxes-pmi-ins. For 2 yrs I have always paid 600$ Except one time I had to pay min. Not sure how much it will help us but I just put it in my head that housepayment is actually 600 not 548$ and try to trick myself LOL
  12. Around here there was a couple going through local CU to refinance a home loan. They were with WF. When CU contacted WF for a fax on final payoff amount they sent it signed etc... Then by closing raised it 2 more times so the couple had to try to come up with quite a bit of $$$ out of pocket. I heard although it is closed now and went through they can try to recoup some of the charges because of the difference of first signed fax and others following and it raising. This is hearsay but I heard WF raised quite a bit in a short time and CU did not like what was going on from WF.
  13. I have been trying to keep up on this one too since my fiance drives a truck and he has to go from Ohio and deliver in Laredo TX tuesday morn..
  14. If you never met your boss's boss then maybe it is actually because of your boss that you did not get promoted. The big boss may only know your work ethics from what he hears since he is not seeing it firsthand. So maybe you are bashing the wrong person.
  15. I never knew there were bad reasons. I do not feel guilty having my new AC. LOL
  16. I let their dad dig his own grave with the respect my kids have for him. I never said no he can not see them. Took the kids to him when he could not drive and my fiance even told him years ago we will leave the house for him to visit with kids if he has "no where to go" with them. I have no dream world of their father. His name leaves a sour taste in my mouth. I do wish he did better. He has a new kid now born this year. Hopefully that kid does not go through the same stuff. Fiance is great. The kids learned to go to him cuz mom might say no. LOL
  17. Well my kids dad finally got in trouble for CS. He is 21K behind. Payments are only 380$ a month for 2 kids. (I never asked for more since established in 1995 although he tried to get it lowered in 2007. They dropped it cuz he did not hand in any paperwork. I think someone told him it will more likely go up) Well first when he had a warrant he said they told him if I waive CS they will not arrest him. I guess my no answer was not good enough. Anywhoooo 6 months of pretrial later he calls me on his final court date. (Mind you prosecutor already called me) He says his lawyer told him if I waive 60% of CS he will get 2 misdemeaners instead of 2 felonies. He proceeded to tell me he will pay me "extra money" I laughed and told him if he was not worried about paying court order all these yrs what makes him think I believe he will pay me. Then I proceeded to tell him maybe had he helped with school clothes etc... I would consider it but he never worried about that. He said "I can lose my job if I have a felony" I then tell him "Well I almost lost a job for the kids before because of Dr.s and being sick etc.. and I was on a point system. You were not worried about me and whether they had clothes or food on the table. Or me having to call my mom to take kids to get shoes. Cuz you know that I will make sure they have what they need." He tells me I never asked him for help. I admit, No I did not. Because I had to much pride to ask him for anything. He is a holiday dad. Sees them christmas time, b-day, easter. My daughter just got her b-day present from him 8-30 and her b-day was 4-17. I find this funny cuz when he called on waiving CS 8-21 I brought up he never got her anything. Now she has a present that has been "sitting" there. So much I can rant about!!! Thank goodness for my fiance because he has been their dad by choice for 13 yrs now.
  18. When I work at a CA the OC would not talk to anyone if debt was sold. Some people would send payment to OC and thus the OC gave us(CA) the $$$. So yes JDB will have it
  19. Well, I hate to say it but I handle all the banking here. Tried to get fiance to look at finances and all he says is "as long as there is a roof over my head and the lights work I don't care where the $$$ goes" I told him one time that if he ever (ever, ever, ever) messes up that I can make him lose everything and pocket the money and he will not know till I walk out. I am vengeful but not that bad!!! But he still does not look at finances after that statement. He will not even open a bill to see if its behind. But I guess after 13 yrs and keeping a roof over our head he pretty much trusts me.
  20. GMAC rewards=4500 Great Escape =3500 (might close) Circuit city rewards visa=2000 Home Depot=1000 (in store approval. Rep said to call as soon as we get cards for CLI as 1k was max they could do as we have a fraud alert on his report) We only opened this to get 10% of a washer & dryer but nice to have as home owners. We will mostly use GMAC only since APR is lowest and reward points go to principal of house! Fiance opened accounts I am AU. We just started getting CC in 10-07. Thank CIC for all the help!
  21. You may have sent your money orders by now... But when I had to pay off 2 of our collections (medical and had to be paid) I talked to a supervisor at the CA and we agreed if I western unioned the money to them (Both accounts were at same CA) they sent an official fax back within 24 hrs stating the account was PIF and signed it. So I had that proof at closing. (My work let me use their fax machine to receive) So maybe if you sent the m.o. wait a few days and see if they received it and ask if they can send a fax back to you stating it was paid if time is not on your side.
  22. Our house needed repairs. Not enough for 203k. Went FHA and had to put $$$ in escrow and time limit to do the repairs. Then re-appraisal. Was HUD home.
  23. My fiance did not have score before either. We had to get co-signer for a car. Can he get a relative to co-sign?
  24. Way to go!! Keep up the hard work. I did disputes online also with success.
  25. To any newbies keep up the work. I started here in 2003. Working on fiances credit. At first he did not have a fico score. His fako EQ was 550 and TU 609. He had collections from ex gf and family. I worked on his report and asked my mom to co-sign a car loan for us (in his name) (needed co-signer as no fico-beacon score) this was beginning of 2004. We took a 6 yr loan on brand new Escape. That gave him real fico's in the low-mid 500s. Tried for credit cards (gas, crap1) and was shot down. They slowly rose do to on time payments. Was able to buy house in 4-06. Then still shot down for credit cards. Got a little bug up my arse and wanted hot tub. Well Great Escape approved him for 3500$ and would not consider more. Got the card but no tub as they were more. Defeated we stopped at car lot and walked around. He found what he had been wanting at a decent price. We took a 54 month loan for close to 9k in 8-07. Do not remember rate but was high. He applied for circuit city cc (we were hoping for 500cl) and they gave him a 2k rewards visa. First real cc!!!!!! Fast forward to 2-08 and we PIF both vehicles. Escape PIF 2 yrs early and his truck PIF 4yrs early. Used income tax and after losing his job he cashed in (unfortunately)his 401k and paid his car. Gmac preapproved a rewards mastercard. 1% i think goes to house principal. What the heck tried it and he got card in mail for 4500 CL. It took awhile but he actually hit the 700 club!!! As of 3-29-08 his fico TU-673 (getting there) EQ 703 EX 761. It did take awhile. He has 5 accounts on there Mortgage 59k due pd never late auto PIF never late auto PIF never late Citifinancial 3500 CL zero balance Circuit city 2000 CL 1000 balance GMAC mastercard 4500 CL zero balance. Slowy working on mine now. 1 recent 2k utility collection and an AU on 2 of his cards. But keep the hard work. It pays off. A lot of his stuff was older but ran into problems. Now he has a CA trying to reach him (they sent a letter 1 yr ago also) from a phone that was on in 1996-1998 I think. In a town 2 1/2 hrs from where we have lived. Believe a relative did it. (AFNI said anyone can turn a Verizon landline on with a ss #. No sig needed) Not on report though. Good Luck to all! It can be long and hard but there is much success and help on this board. Sorry on TU he does have 3 PIF medical collections closed in 2005 & 2006.
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