Thursday, August 23, 2012

How Does A Orlando Short Sale Affect My Credit?



A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure.
Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all you can to avoid it.
When you short sell you house, you will recover quickly from the dings of late mortgage payments, provided you can keep your other accounts current.
In such a case, consider allocating money to meet basic necessities first. You also have to pay other bills to keep as many accounts current as possible.
When deciding which credit bills to pay review the terms of your credit accounts. If you are using a credit card to temporarily pay for necessities, you should be sure not to jeopardize the availability of that account.
By so doing, you will keep the necessary accounts current. I want to help make it possible for your credit to recover quickly. A Short Sale may be just one part of a larger effort to get you through a tough period.
I have helped many others to successfully come out of what they thought to be “a tough and an unavoidable” situation and I can help you as well. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an e-mail at tom.mack@exprealty.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 407-359-2220
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thinking about a loan modification? Our Orlando loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

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