short sale secret
May 18th, 2009 No comments
One of the most common questions I get asked as a credit consultant is; How can a short sale be performed without having to damage your credit? The answer is actually quite simple. Always try to prevent the damage to your report prior to the negative item(s) being placed on your report. One false rumor is that in order to qualify for a short sale you need to be late on your mortgage. I will be happy to explain why this rumor is false in another article, the main thing to understand here is that a short sale is a form of loss mitigation.
