Short Sales, closing them and credit score implications
- on 04.30.08
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- Del.icio.us
fortlauderdalebeachrealestate added an interesting post on Short Sales, closing them and credit score implications
Here’s a small excerpt
The effect of a short sale on a seller’s credit report is identical to that of a foreclosure. The ding on credit will show up as a pre-foreclosure in redemption status. Which will result in a loss of 200 to 300 points. …
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