Archive for June, 2008
How bad does a short sale on the mortgage effect your credit?
j_mallock asked:
Any one know how bad a short sale effects your personal credit? I talked with a gentleman who specializes in short sales and says it only effects your credit for about a year and up to 40 points. I have excellent credit, so that doesn’t worry me too much. I’m more worried that he is just telling me this to get my business. Thanks!
Any one know how bad a short sale effects your personal credit? I talked with a gentleman who specializes in short sales and says it only effects your credit for about a year and up to 40 points. I have excellent credit, so that doesn’t worry me too much. I’m more worried that he is just telling me this to get my business. Thanks!


