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fannie mae guidelines: How Will A Short Sale Affect My Credit Score? - 09/16/09 07:22 PM

Curious what your credit score will drop when you do a short sale?  You’ll often read on the internet 80-100 points, sometimes less.  Guess what?  Sometimes it is more.  I just received this email from one of my Santa Rosa Beach Florida short sale sellers.  I sold his home a few months ago.  I had asked him to check his credit score before and after the short sale.  Here is his email:
“Checked on my credit score with Transunion and went from 780 (Excellent top 2 percent) to 633 (Rated poor to good). I was anticipating somewhere around 680 … (12 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

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Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

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The market. Smart sellers. The Emerald Coast of Florida.


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