Real estate blog entries tagged with credit after short sales by Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)

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credit after short sales: What to Do If Credit Report Shows Foreclosure Instead of a Silicon Valley Short Sale - 07/10/11 07:26 AM

Credit reports frequently have mistakes. Very often consumers are not aware of these mistakes until they are trying to obtain credit for a large purchase like a home or car. There is a process for rectifying credit mistakes, but it can take some time.
As more and more short sales are being processed it is only natural that some mistakes are showing up on credit reports, especially since there is no standard way for a credit report to reflect a short sale. The bank may report loan paid as agreed, or loan paid for less than the full amount. Which ever … (27 comments)

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