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Can a foreclosure affect my ability to rent? What about Short Sales?

By
Real Estate Agent with Expert Home Auctions International

 

 

Can a foreclosure affect my ability to rent? What about Short Sales?

Yes. It can. Most apartment complexes check your credit report. If you have a foreclosure, it will affect your credit report and you may be turned down to rent at the complex you choose.Short Sales do not affect a credit report for as long and do not reduce your credit score as much. We can also pressure banks not to report the short sale to your credit report.

Be sure to watch the pre-foreclosure videos, so that you will know your options, the timeline, and some strategies for solving the problem. If you want a short sale we have “Stress Free Selling”.

Please call Mary Ellen Wilson, broker (Lic # 01487433) or email to get the links to the videos now

877-267-2514 x7.

By your pro-active approach to this preforeclosure situation you will not just survive; You Will Thrive.