longtimeagocompany.com

longtimeagocompany.com

Short sale affects your credit

March 31st, 2008 . by admin

If you’re on the brink of foreclosure, you probably already know about short sales or short selling.  But your apprehensive to take a chance on your short sale because you don’t know if short sale credit effect. After short sales, there are two things that you can get on your credit report: Paid settlement or Unrated.  This can all depend on your negotiation skills.  But this does not mean that your FICO scores will not be affected.  Your score will dip a little bit, but this is nothing compared to what you’ll get under foreclosure. If you find this information helpful visit my website and join my exclusive email list.  You’ll get instant access to the "Keep Your Home" 25 page report on stopping foreclosure, slashing credit card debts without bankruptcy, how to do a loan modification so your lender drops your payments without having to get a new loan and much more.


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