Will it hurt my credit? Your personal credit score can recover much faster from late mortgage payments, if all of your other accounts are current. Speak with your financial advisor and ask them if using your finances to keep your other accounts current is a wise choice. One of the most beneficial parts of a Short Sale is preventing the credit damage of a foreclosure. A foreclosure stays on your credit report for at least 7 years and up to 10 years. A Short Sale is just one part of the big picture in order to get you through one of the tougher periods in your life. We have the tool to help make it possible for quick credit recovery. We can take the time to help you try and avoid foreclosure. |