It may surprise you to know that a short sale will typically appear no different on a credit report than a foreclosure. For someone looking to qualify for a home loan, this can be a major issue.
It looks like help is on the way. Watch the brief video below for more information. Contact our office if you have questions and please pass this information along to anyone in this unfortunate situation.
At Team Olsewski, we’re dedicated to providing you with valuable information and insights in the changing mortgage environment. For more about other resources to help you manage and grow your business, please contact us.