Posted on: 04th Sep, 2010 06:18 am
Does a short sale impact your credit rating as badly as a deed in lieu?
Hi tlg81
Welcome to mortgagefit
As far as short sale is concerned it may lower your score only by 75-100 points whereas DIL may cost you 250 Points.So take decision accordingly.
DIPA
Welcome to mortgagefit
As far as short sale is concerned it may lower your score only by 75-100 points whereas DIL may cost you 250 Points.So take decision accordingly.
DIPA
Hi, a short sale is the best route to go if you plan to re purchase a house later on down the road it wont be as hard to rebuild your credit in a few years if you just go with the short sale.