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  1. I cant offer a lot on this, but I just recently bought a house and here is what I can say. They take a lot of money, I think everytime I got a phone call they wanted money. This was stressful but also kinda nice because by the time my closing came I had pretty much gave them all the money already (i had to bring $112.00 to the table) My credit was 740 average and I got 3.99% I was told by multiple banks I shopped with that this was a great rate so im not sure about 3.3-3.4 that seems a bit low. Anyhow congrats and just jump through the hoops, Underwriting was a bit ridiculous for me as I work a commission based job, but after getting the full reach around inspection from the bank I was good to go, just answer everything they want as truthful as possible and Im sure you will be fine.
  2. So just to update the situation, its ok for them to want me to pay into the escrow for next years projected taxes at 4k, thats fine. But the property is new construction and when assessed on July 1st there was no house there so it is lot only for 2019-2020 taxes. I was able to delay closing by a week so we could get this all certified by the county. I ended up having to bring an additional $112 dollars to closing NOT $4,000. Anyhow it all ended well and I can say now that its all over I feel a lot less stressed.
  3. So I am set to close on my first house on Friday (10/4/2019) I received a closing disclosure yesterday from my lender that states at closing I am owed $224.81 as they have more money in escrow than is owed currently. I signed the document thinking everything is great and received a call from the bank today stating they need an additional $4000.00 for property taxes now at closing. The house is new construction and I am told the money is for the taxes due on Oct 15th for the 2019-2020 year, but that taxes for that year on the house will be as if there was no house on the lot so it will only be the taxes for the lot itself so i will receive most of the $4000.00 back in November (or so they say) as the $4000.00 figure is the estimated taxes for the loan. I do not understand this in the slightest, the CD states they will be collecting $346.00 a month for property tax and has 3 months of pre-paid property tax included in the costs. As far as I understand the closing disclosure is the final statement and of what is actually owed as compared to the loan estimates and what is on the closing disclosure is what is set in stone. I am so sick to my stomach over this right now as every damn step of the way anytime i get a phone call they take money from me. And now they want another 4k on top of what they already have and the closing disclosure says nothing about this. Can anyone shed some light about what might be going on. This is literally making me sick to my stomach.
  4. Yes DTI. I was informed to maximize my purchasing power to pay off as much as I could. Homes are quite expensive here in the PNW and I am single. I have a car loan of 30k and a personal loan of about 13k right now and with credit card debt on top of it, my pre approval is only about 300k, if i could even somehow bump that to 320k that would greatly open up my options in the area. I am looking at doing FHA 3.5% down. Really it would be nice if I could get someone to sit down and give me a road map on how to make this plan happen but the 2 banks I have talked to have been quite short with me and offer no real assistance or guidance.
  5. So years 5-7 years ago when I was in the process of rebuilding my credit I had my mother put me as an authorized user on 2 cards on her credit to help boost my score while i rebuilt my credit. Today those lines are still reporting and one is showing a 5k balance and the other a 4k balance that is hurting me in the process of getting a mortgage. Can these be excluded because they are technically not mine or should I get myself removed as an authoized user? The only reaon im hesitant to do remove myself is im not sure if it will negatively impact myself in terms of age of account. I have a lot of other credit accounts now that have and my score is in the mid 700's on all 3 reports but those are the longest accounts on my credit history.
  6. Good to know, Do you think doing an online dispute would be enough?
  7. This item does not seem to be impacting my score, but then again I really have no idea how much it is overall. I have a tax lien reporting on my credit report that is closed and paid for about 10 grand. I actually never owed the amount, it came down to my fault of not reporting moving from Oregon to Colorado and somehow the state of Oregon thinking I worked in the state for the year of 2014 when I filed my federal taxes blah blah. Long story short, never owed the money, got it corrected with the state they closed the judgement and it shows as paid on my credit report. What is the best way to go about getting this removed? Thanks for your help.
  8. I have 2 medical collections showing on my credit report that I am looking to get rid of. I have tried disputing them before but have not gone through the WhyChat process yet. My question here is the date reported on my credit report. They show Feb 14, 2012 as the date the accounts were opened but the event that took place happened 8/2011. Everything was billed from the hosptial by October 2011 as there were many charges for what had happened. It seems the date of the account is incorrect. Is this enough of a technicality to get them on. I have been trying to deal with this with a pay for delete for years and now its outside of SOL so I am just anxious to get this gone without waiting until next year. Any advice on how to tackle this would be great. Thanks for your help.
  9. Ok so capital one does not like to make deals..... That is unfortunate but I also do see instances here where they have made deals. So again I will ask this question, the question I have been asking from the start and is being danced around. What if anything do I have to lose by sending the letter and is there a better method to attempt such as disputing the repo deficiency etc....
  10. well the assumption that jenny and jug have is that i would just up and pay without an agreement to delete, which just would not happen. So the serious question here is besides the obvious amount of $1400.00, what would i have to lose? If they say no they dont get any money if they say yes they delete the information. Am I seeing anything incorrectly here? OR is there another way that would be suggested to go about getting a deletion besides waiting it out, im open for suggestions.
  11. i dont think your on the same page here.... the only way i would pay it would be for an agreement for them to delete it from credit file. otherwise i wont touch it.
  12. how would it not help but hurt..... Sincere advice would be appreciated. Im paying a high interest rate on some loans right now that could refinance to a much lower rate if my credit was better. Thoughts?
  13. I live in Oregon, as far as the dofd im not 100% sure, i think june 2009, the car was repo'd sept 2009.
  14. OK so assuming this is beyond the SOL..... What is the best way to get this off my credit report, this is my only neg and it hurts my score tremendously.
  15. Hey guys, I have a repo from Capital One Auto Finance that occured sept 2009. I have looked through whychat's information but to be honest im confused on what the SOL is as i purchased the car in washington state and now reside in oregon and what the best way to remove it would be. However i did receive a letter stating they would settle the account for $1400.00, The deficent balance on my credit report is 7500.00. I'm thinking of doing a PFD letter for this $1400.00. What do you guys think? Here is what ive drafted so far. Thanks for any input in advance. Capital One Auto Finance 3901 DALLAS PKWY PLANO,TX 75093 Account #: Amount: $7,618.00 To Whom It May Concern: I am writing regarding a closed negative account on my credit report with Capital One Auto Finance showing a balance of $7,618.00. I received a settlement offer from your company for $1400.00 to settle this account. In the spirit of compromise. I am willing to settle this account for the amount of $1400.00 if you agree to immediate deletion of this account from any and all credit reporting agencies (Equifax, Experian and TransUnion). The purpose of this settlement is merely to have this item removed from my credit files. It is not to be construed as an acknowledgment of liability for this debt in any form. If you agree to the terms and accept this agreement, certified funds for the settlement amount of $1400.00 will be sent to Capital One Auto Finance. In exchange for full deletion of ALL references regarding this account from my credit files and full satisfaction of the debt. As certified funds will be used for payment, there shall be no waiting period regarding the deletion of this account from the credit reporting agencies. Capital One Auto Finance agrees to delete ALL information regarding this account from the credit reporting agencies WITHIN TEN CALENDAR (10) DAYS following receipt of payment as specified above and will not discuss the terms of this settlement with anyone, excluding your client on this account. If contacted by any third party, including credit-reporting agencies, Capital One Auto Finance will not acknowledge that any settlement offer was made, accepted or executed and will, in fact, deny knowledge of any such account. If you agree to the above terms, please prepare a letter on your company letterhead explicitly agreeing to the same terms as the above settlement offer and have it signed by an authorized representative of Capital One Auto Finance. It will be implied that this letter shall constitute a legally binding contract, enforceable under the laws of Oregon. Your response must be postmarked no later than 15 days from your receipt of this settlement offer or this offer will be withdrawn and I will request full validation of this alleged debt, as provided for by the Fair Debt Collection Practices Act. Please address all correspondence regarding this account to: My Address

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