Posted by: Don Diltz | February 26, 2008

Foreclosure? Short Sale? Whatever. They both give a whole new meaning to “lousy credit.

There has been so much news about the credit crisis and all its ramifications.  One area which we intuitively know is problematic is the devastating impact of a foreclosure on the homeowner’s credit rating.  How about a short sale?  What is a short sale anyway?

All these questions and more are addressed in the attached note from American Credco which I just received from Linda Lunsman, Princeton Capital representative in my office (650) 566 5358.   Check it out.

Click Here for Info On: Impact of Foreclosures on Fico Schores

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