Q: Does a short sale impact your FICO® credit score the same way a foreclosure does?
According to a Credit Q&A from FICO®, short sales, deed in lieu and foreclosures are viewed the same and will have the same impact on your credit score.
Source
Related Florida real estate views:
Florida cracking down on bad credit repair companies
How credit scores are determined is about to change
Showing posts with label credit scores. Show all posts
Showing posts with label credit scores. Show all posts
Feb 14, 2008
How credit scores are determined is about to change
I wonder how this will impact the housing market? Interesting article from the Better Business Bureau.
Your credit score will help determine the interest rate and term of your home loan. Contact us to be pre-qualified for a home loan.
Related Florida real estate views:
Better Business Bureau offers advice when hiring home improvement company
Fannie Mae CEO offers suggestions to unleash housing demand.
Watson Realty business increased in June
- Greg Staker - Watson Realty Corp. - 407-304-0255
Your credit score will help determine the interest rate and term of your home loan. Contact us to be pre-qualified for a home loan.
Related Florida real estate views:
Better Business Bureau offers advice when hiring home improvement company
Fannie Mae CEO offers suggestions to unleash housing demand.
Watson Realty business increased in June
- Greg Staker - Watson Realty Corp. - 407-304-0255
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