The affects of Foreclosures on Credit.

I came across an awesome article today by the Arizona Mortgage team.  Which answered a question I get – ALL THE TIME. 

1) How will a short sale affect my credit

2) How will a foreclosure affect my credit

The above two questions get emailed to me on a daily basis.  The answers are here.  With GREAT examples and comparisons vs. late payment on the Credit card all the way to a full blown foreclosure on the house.

Great information – happy to share it!

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