Are Short Sales Indicitive of Elevated Credit Risk?
Are Short Sales Indicitive of Elevated Credit Risk? Credit Monitoring by John Ulzheimer Share Share Email A short sale is when you sell your home for less than the amount of the mortgage. This results in a settlement for less than the full amount of the mortgage. The sale is reported on the credit report […]
If I Short Sell My House Will My Credit Card Interest Rates Go Up?
If I Short Sell My House Will My Credit Card Interest Rates Go Up? Credit Cards by John Ulzheimer Share Share Email The following question was submitted via SmartCredit.com’s blog. Q: John, I’m thinking of doing a short sale on my rental house to get rid of it. If I do that can my credit […]
Short Sales are NOT Paid As Agreed
Short Sales are NOT Paid As Agreed Credit Monitoring by John Ulzheimer Share Share Email On October 23rd an article called “Damage to credit scores could trip up new Fannie, Freddie short sale program” was published by Inman News. The reporter, Ken Harney, is one of more prolific writers on the topic of housing. I […]
Is a Short Sale Better For My Credit Than a Foreclosure?
Is a Short Sale Better For My Credit Than a Foreclosure? Credit Report by John Ulzheimer Share Share Email The following question was sent to me by a Facebook friend. I get this question once or twice a month. If you have any credit related questions please feel free to send them to me via […]