So I've been working hard at getting my scores up, which I've done, and have been approved for an FHA @5.25% (well, pre-approved, no GFE or paperwork filed yet).
I just got a credit watch alert today of a tax lien (which has already been taken care of, filed in Nov, but it just now showed up).
It dropped my score 4 points.
I'm curious, however, how much will this affect me going forward?
I know it's a negative, which isn't good at all. But the 4 point drop, is that going to cnotinue to go down, or will I actually start recovering now?
The tax lien is paid off, so that's not the issue. The amount filed with the lien is also incorrect (it was a sales tax lien, since I didn't file sales tax on time (quite late, acutally), so it was an estimated amount).
What do I need to do? I mean, the lien is paid, so I'm not worried about on-going items as much as on-going effects of it hitting my credit report (which they explicitly told me it wouldn't, but I didn't do the PFD since it was a state tax lien and all).
Any suggestions/ideas/thoughts?
Equifax - 680
TU - 641
Experian - 689
