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 The Effects of a Foreclosure or a Short Sale on a Credit Score?

Answer A short sale is almost always the best alternative if you are facing foreclosure on a mortgage. A short sale has a much less significant impact on your credit score than a foreclosure or a deed-in-... Read More »
http://www.ehow.com/list_7355991_effects-short-sale-credit-score.html

Top Q&A For: The Effects of a Foreclosure or a Short Sale on...

Short Sale Effects on Your Credit Score?

Homeowners facing foreclosure may wonder if a short sale is a viable option for them. After all, a foreclosure and a short sale both involve giving up your home. Still, a short sale is very diffe... Read More »
http://www.ehow.com/about_6406885_short-sale-effects-credit-score.html

Does a short sale affect credit score?

A short sale can reduce your credit score by 75 to 100 points, which is far less than the 250-point drop that occurs when a home goes into foreclosure.Source:Short Sell Information
http://www.answerbag.com/q_view/1793383

How to Do a Short Sale if You Are in Foreclosure?

If you have received a notice from the bank that they are about to foreclose on you you still have an option that will allow you to save your credit from having a foreclosure listed on it. The answ... Read More »
http://www.wikihow.com/Do-a-Short-Sale-if-You-Are-in-Foreclosure

Is a short sale a foreclosure?

A short sale is not a foreclosure. It is often used when a home is in pre-foreclosure to help the seller avoid foreclosure proceedings. In a short-sale, the property owner usually takes a deal for ... Read More »
http://www.answerbag.com/q_view/2265874


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