Mortgage Forum

Mike

Alright all you mortgage pros out there I have a rather simple question for a very complicated situation I find myself in here. I am currently in the process of trying to have a tax lien removed from my credit report. This tax lien is from a property that my wife and I surrendered during our chapter 7 bankruptcy we had to file 5 years ago. Because of some crazy loop-hole my name is still showing on the title due to the fact that our old mortgage company went bankrupt themselves and never foreclosed on the property. I have already contacted an attorney about getting this fixed and it appears it is going to be a long drawn out process. Meanwhile we are getting ready to purchase the home we currently rent and I am greatly concerned about this tax lien showing on my credit. I had my credit score around 700 but now it is down to the low 600's due to the tax lien. I have all of the documentation that I need to support my claim that the taxes on this property are no longer my responsibility including a letter from my attorney supporting my claim. Are there any mortgage lenders out there whose underwriters would take this into consideration when decisioning my application for a home loan? Thanks in advance to anyone who can offer me some advice about this.