Cimpler Blog

Hi,My son is a sophomore at NYU.  For the 2nd year he is staying in the dorm. In the fall he and his friends would like to  rent in Greenwich Village or its proximity.  They (4 of them together) are thinking about sharing a 4 bedroom apartment.  They think  that  they will be able to do it for $3...

In my post Credit consequences of the Short Sale we came to a joint conclusion that the FICO score penalty for short sale is 150 points and for foreclosure 300 points.  I have just received an email from myFICO stating that there is no difference in the penalty for short sale and foreclosure: "Ho...

At the end of August I posted a question regarding Credit consequences of the Short Sale and received many wonderful replies.  Since then I closed several short sales myself. Every time it was a frustrating experience. Based on this experience I came up with a mini-process for short sale and I gi...