How Does A Short Sale Affect Credit

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In this short, yet educational video, I will be explaining how a short sale affects your credit. To learn more about the short sale process and its…

Requesting a short sale in itself has no impact on credit scores although what happens to your mortgage in the interim does. The short … credit score impact The effect of missed payments during …

How Will a Short Sale Affect my Credit?Cameron Huddleston is an award-winning journalist with nearly 20 years of experience writing about personal finance.

Learn how much a short sale will affect your credit score and when you'll be able to qualify for another mortgage. The way the lenders report the short sale also can have a significant impact on the damage to your credit score. In addition, any late mortgage payments you made before the sale will…

A short sale affects your credit by knocking off up to 160 points (give or take). This all depends on your credit history prior to the short sale. It also depends on how late your payments are. For example: Credit scores in the 750 – 800 range can have 150 points knocked off. Scores in the 600…

The term short sale does not appear on a credit report. The term short sale describes negotiating settlement of your mortgage debt for less than The amount of the impact depends on your credit history and on the scoring system used by the lender, but it will have a very serious negative affect on…

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