Comments on: Short Sales and Credit Scores http://www.videocreditscore.com/short-sales-and-credit-scores/ Tue, 24 Jan 2012 18:29:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: VideoCreditScore-Andy http://www.videocreditscore.com/short-sales-and-credit-scores/#comment-1158 VideoCreditScore-Andy Fri, 02 Apr 2010 23:43:34 +0000 http://www.videocreditscore.com/?p=2614#comment-1158 Timing matters, but in the grand scheme, this is a small timing issue. You'll need 18 months or more to really have a strong score recovery and another 30 days matters, but not a ton. Easy enough to dispute though, so there is nothing to lose... Timing matters, but in the grand scheme, this is a small timing issue. You’ll need 18 months or more to really have a strong score recovery and another 30 days matters, but not a ton. Easy enough to dispute though, so there is nothing to lose…

]]> By: Barbara http://www.videocreditscore.com/short-sales-and-credit-scores/#comment-1142 Barbara Wed, 03 Mar 2010 14:39:15 +0000 http://www.videocreditscore.com/?p=2614#comment-1142 I successfully completed a short sale last year and am now interested in raising my credit score. Although the property closed on June 26, 2009, Wells Fargo reports that the "a Short Sale completed on this loan on July 21, 2009" thus adding 30 more days to my past due status (150 days instead of 120 days) Before I seek correction, I'd like to know if the 30 additional past due days makes any difference to my credit score or if I should just ride out the 7 year penalty as gracefully as possible? I successfully completed a short sale last year and am now interested in raising my credit score. Although the property closed on June 26, 2009, Wells Fargo reports that the “a Short Sale completed on this loan on July 21, 2009″ thus adding 30 more days to my past due status (150 days instead of 120 days)
Before I seek correction, I’d like to know if the 30 additional past due days makes any difference to my credit score or if I should just ride out the 7 year penalty as gracefully as possible?

]]> By: VideoCreditScore-Andy http://www.videocreditscore.com/short-sales-and-credit-scores/#comment-747 VideoCreditScore-Andy Wed, 20 May 2009 14:01:03 +0000 http://www.videocreditscore.com/?p=2614#comment-747 This is why the whole story is important. The Fannie rules are important for most sellers. This is why the whole story is important. The Fannie rules are important for most sellers.

]]> By: Jack Lewitz http://www.videocreditscore.com/short-sales-and-credit-scores/#comment-746 Jack Lewitz Tue, 19 May 2009 13:34:06 +0000 http://www.videocreditscore.com/?p=2614#comment-746 I just lost a listing with a seller who I tried to explain to them that a Short Sale was better than a Foreclosure on their record. I lost the debate. They decided to withdraw the listing because they were told there was no difference between a Short Sale vs Foreclosure when it comes to their credit. Oh well, sometimes you can lead a camel to water but you can't make them drink. I just lost a listing with a seller who I tried to explain to them that a Short Sale was better than a Foreclosure on their record. I lost the debate. They decided to withdraw the listing because they were told there was no difference between a Short Sale vs Foreclosure when it comes to their credit.

Oh well, sometimes you can lead a camel to water but you can’t make them drink.

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