If you are looking into making a real estate purchase, there is some good news on the horizon. Starting in July 2017, the three largest credit-reporting agencies will be excluding tax liens and civil debts from their reports, helping your credit score improve. In turn, this means you may be able to obtain a better interest rate, mortgage and make a better real estate purchase.
Equifax, Experian and TransUnion are setting this new plan into motion as of July 1, which gives the companies time to correct consumer data on the reports. The revisions are likely to improve consumer scores. In order to have a lien or civil debt removed, you only need to show that your Social Security number, birthday, name or address is not on the judgment. In most cases, at least one of those items is missing.