Post-short sale question

[raisitup]

So I'm back after what my sig shows was a long down, up and down trip! After sitting in the low 800s for quite some time I finally had to bite the bullet and short sell my home. The process took 13 months(!) and of course I had to stop paying my mortgage to get them to start the process (which was lawyer-assisted). So I just checked my score today after letting things "settle".....I'm at 690, which I didn't think was too bad all things considered. Under both my 1st and 2nd lenders the 7 year payment history shows no late payments My 2nd mortgage lender shows a current status of "Pays account as agreed" and the following under "Descriptions": Account paid for less than full balance Closed or paid account / zero balance My primary lender (BoA) shows the same "Descriptions" but shows a current status of "120+ days past due" My question is, not having gone through a short sale before, does this all look, um, "right"? The question comes up because of the difference in the "current status" between the two lenders. Should I be concerned, and if so is there anything I should do (e.g. GW)? Thanks! Ryan

[_John_Doe]

Ryan,

I was in the same situation as you, though my score prior to short sale wasn't as nice . I had a first and second through Countrywide, now B of A that went through in 2010.

As for reporting, my TU and EXP both show the 1st and 2nd as "pays as agreed". Only on my Experian shows the 2nd as seemingly in a limbo status. It doesn't say late, pays as agreed, really not much info at all. I have been trying to figure out if I should do anything with that one, afraid of the dent it may give my score

[Anonymous]

Ryan,

I'm in a similar situation.  I completed a short sale with Wells Fargo (1st and 2nd loans) in December 2012. TransUnion and Equifax are both showing the current status for the 1st mortgage as "120 days past due". However, Experian is showing the current status as "Account paid in full for less than the full balance". Current scores - TransUnion 672; Equifax 676; Experian 672.

What did you end up doing, if anything?