Sales contract sign, earnest money put down, Property to be completed in March, Est Closing in mid-Aprill.
Mission: get middle score to 640 (probably going to be EQ bc I have collection being removed from it)
Plan (so far): reduce util. from 80s to 20s (or below) and get final collection removed, GW any lates and GW C/O from 2007
That is not what I ment. The OP has a mid 500 score and signed a contract and put down earnest money. This is not good at all. You could lose it.
Mid score is 548, I am working with preferred lender of builder, everything already pulled and reviewed. Lender advisedly of what to do and with rapid restore believes util will bump my score where it needs to be. Lender recommended only signing contract for a new construction so I have a few months to accomplish this.
Contract has a financing clause so I get my money back if I don't get full financing approval.
Is it your only collection?
If that is your last collection and you pay off the cards, I think you have a good shot. If you have other collections, I dunno.
Yes that is the last collection. I do have a late on an old walmart card that I am trying to goodwill- they agreed to delete one but left another (I am pleading for the other), I havent had any lates in a year. Last late before the wally was in early 2011.
Only C/O is from 2007.