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Chapter 10: Blemished Credit Report


A short sale will show up on your credit report. It's a pre-foreclosure that has been redeemed. Short sales affect credit ratings. While the damage to your credit report may not seem as significantly bad as a foreclosure to you, creditors may not make the distinction. Experts say the drop in your FICO score is identical to a foreclosure reporting.

Always seek legal counsel before attempting to pursue a short sale. A real estate agent cannot give you legal advice.
Along with a Short Sale,you may need other opportunites and options to help Save Your Home. I can help walk you through the process and speak with your bank on your behalf. However, you need to be proactive in helping yourself too! -->

 

Chapter 11: Do I Qualify for Mortgage Forgiveness




 

 

 
Chapters for Seller's Guide to Short Sale
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Chapters for Buyer's Guide to Short Sale
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