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what about NOD?

Posted by Travis-CA on June 12, 2003 at 10:17 PM

In Reply to: When does a foreclosure 'mark' hit the credit report? posted by Barry-MN on June 12, 2003 at 5:41 PM

: Ward/others,
: When talking with people in pre-forecosure, I would like to sound as educated as possible.
: My question is at what point would a foreclosure show up on their credit? Does it happen when the Sheriff Sales happens or when the redemption period is over? (6 months in my state.)
: I just don't want to tell someone that I am keeping a foreclosure off their credit....if I'm actually not...or at least at what point.
: Thanks in advance.

: -Barry (MN)


**************************************************

From what Ward said above, the actual "foreclosure" is reported on the debtors credit reports after the auction takes place.
What about Notice of Defaults? or even NOTS, I know there are people who make their living just selling information from the public records, do the NOD's and NOTS show up on a debtors credit report also?

Thanks,

Travis


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