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AnkylosingSpondylitis

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Anyone know what Foreclosure redeemed on credit report means?
Ok we went through a foreclosure about 2 years ago. The house was sold at auction for an amount less of what we owe and we received a 1099 at tax time for the amount of funds that was written off by mortgage company. We ended up having to claim an extra 18k in income due to this. I assumed all was done and that a foreclosure would be on my credit report but what shows up is Foreclosure redeemed. What does this mean? Wouldn't it be a mistake? Otherwise I would assume we own the property still?? Any help or info would be greatly appreciated.

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Foreclosure redeemed

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So how long does it stay on your credit? Could it be removed?

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The same exact thing happened to me, sold at auction, but I did have an insurance claim on the house from a pipe bursting, I sent them the insurance payment of $36000, they sold it at auction and my credit report says Foreclosure Redeemed.

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Lender told me

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We had foreclosure and it went to sale right away in 2012. Shows foreclosed redeemed on credit report. Didn't help us get a loan but lender said it means the foreclosure was paid by property owner. Very bizarre but they still won't loan for 7 years now.

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renting

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can i get approved  to rent a aparetment with a  credit report that says forclosure redeemed

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