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How will a Short Sale affect my credit?

By
Real Estate Agent with Realty ONE Group

 


The big key here is to avoid foreclosure. Short Sales will affect your credit rating, especially if you miss
your mortgage payments during the process. But, by nearly any measure, a foreclosure is the most
damaging event your credit status can encounter – worse than bankruptcy. Consult your tax professional & attorney to support you in choosing the best solution for your individual circumstances.

Call me, The Short Sale Queen with more questions

Posted by
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To Our Continued Success,
Christin Griffin, Short Sale Queen
REALTOR® & Certified Short Sale Professional, CDPE

~Creating RAVING FANS through excellent Customer Service. Your Real Estate Professional For Life~
Kimberley Kelly, SFR, HAFA, GREEN
HK Lane, Christie's International Affiliate, 760-285-3578 - La Quinta, CA
I do Real Estate like I played polo-to WIN!

I'm a short sale List Agent in the Palm Springs Valley here in California.  We had extreme building of homes just as Vegas did and now with the International Investors picking up properties right and left, short sales are flying off the streets!  Good luck to you!

Mar 14, 2012 12:19 AM