Will A Short Sale Affect My Credit

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My Sale Will Affect Short Credit – mapfretepeyac.com – Best credit cards search All credit cards balance transfer Low Interest Rewards Cash Back airline student business cards. am about to lose my job after 32 years, my only debt is my mortgage of 231K and a home equity line of 22K, have a credit score of 784. how will a short sale of my condo.. How does a short sale affect credit?

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How Will A Short Sale Affect My Credit? | DebtKid.Com – A short sale will negatively affect your credit, but not nearly as much as a foreclosure or deed-in-lieu ~ read this entire article for details on each alternative. A short sale simply means that the amount of the mortgage balance owed is greater than the current market value of your home.

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A short sale does not have to affect your credit score and yo don’ have to be delinquent to complete a short sale. I have negotiated 3 short sales where no adverse action was taken by the banks. the customer offered a lien on another property for the balance due and continues to make payments on that balance.

Credit Scoring Impacts Short Sale vs Foreclosure – Massachusetts. – They will see some of my short sale articles and flat out tell me that I have incorrect. When I mention the credit scoring impact of a short sale compared to a. There are a number of circumstances that can affect the time frame.