310.376.9865
A recent analysis by FICO Banking Blog indicates the impact on your FICO score is dependent upon your starting score, and there is no significant difference in between a short sale and foreclosure. However, you are usually asked on a credit application if you have ever had a house in foreclosure, and that is not the case, so far, with short sales. Short sales will show up on your credit report as a settlement for less than the full amount due.
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- Law Offices MJ Mann Bankruptcy Attorney
- 2706 Artesia Blvd, Suite BK
- Redondo Beach, CA 90278
- 310.376.9865
