Archive for June, 2008
I Am Facing Foreclosure – Should I Bother With Trying To Do A Short Sale?
June 25th, 2008 categories: Short Sales
Given the market conditions in the Phoenix Metro area, buyers, sellers and real estate agents are beginning to develop some opinions about short sales. There is also many buyers, seller and agents who are misinformed and are spreading facts that are simply untrue. As a seller, it is hard to separate fact from fiction.
One of the most common untruths I hear is that a short sale will only drop a credit score 100-150 points while a foreclosure will drop a credit score 200-250 points. The fact is that there is no grading scale for anything in a FICO score. Read the rest of this entry »
| Discussion: 5 Comments »
Copyright © 2008 The Sunshine Broker | Desert Ridge Real Estate Blog 