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    JamezG's Avatar
    JamezG Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Aug 26, 2010, 11:41 AM
    Why does my foreclosure not appear on my credit report?
    It has been over 1 year since my home was sold at auction (for more than what I owed). I assumed since my home was considered "abandoned" by the bank and I was told the home was sold that this was considered a foreclosure. However a year later there is still no foreclosure listed on my credit report. It just shows up from the lender as 120 days past due and that it now has a zero balance.

    Is there a chance that this will stay off my credit report, or is it just a matter of time until it pops up? The last activity reported by the lender was over a year ago.
    crazylove's Avatar
    crazylove Posts: 1, Reputation: 1
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    #2

    Sep 9, 2010, 11:18 AM
    If it sold for more than you owed you should get money from the bank. I would contact a real estate attorney. Almost always you can get a free consultation.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Sep 9, 2010, 11:37 AM

    To answer your question; there is no way to tell. The lender may not bother reporting it. However, a foreclosure would have been entered in court records, which a credit bureau may pick up.
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