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A short sale will affect your credit. However the short sale itself is not what causes the big credit point hits. It's that coupled with missing payments. Missing payments is what does more damage. However in under 2yrs, you can really boost your credit score back up by remaining current on all other debt obligations.
It is possible to complete a short sale without ever missing a payment. It is possible to do a short sale without having a severe hardship.
If this is your…
The probate process seems to many persons outside the legal world to be a long, drawn-out and expensive process for settling a deceased person's affairs. This is often not the case as your probate matter may be fairly straight-forward and not require an attorney. However, it is always advisable to have a probate attorney specialist review your case to help you avoid costly and time-consuming delays. While this…Continue