Credit Repair After A Short Sale
Although a foreclosure will do three times the damage, as much as 300 points worth, a short sale can decrease your score between 50 and 100 points, on average.
The good news – recovering from the short sale is much quicker and much easier than recovering from a foreclosure. Depending on the circumstances, credit repair after a short sale can take as little time as a year.
If you are recovering from a diminished credit score due to a short sale, or because of any other financial hardship you’ve faced, this video interview has some great tips and information. Blair Warner, credit coach and founder of “Upgrade My Credit” was kind enough to answer some questions about the credit process.
Repairing your credit after a short sale is very possible. If you need professional service to help you repair your credit, consider contacting:
Blair Warner, Upgrade My Credit
If you are facing a financial hardship and are in danger of foreclosure, contact The Highland Group, we may be able to help you avoid foreclosure. 301-401-5119.