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How will a Northeast Ohio Short Sale or loan modification affect my credit score?

Northeast OH – How do foreclosures, loan modifications or short sales affect a credit score? Your credit score will be affected by late mortgage payments and a short sale.

However, there are 2 things that are considered horrible on your credit report. Those 2 are items are foreclosure and bankruptcy.

Discover how other sellers . . . → Read More: How will a Northeast Ohio Short Sale or loan modification affect my credit score?

Should I Continue Paying My Credit Cards During A Northeast Ohio Short Sale?

Northeast OH – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question.

“I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul.

Discover how other sellers successfully did a short sale to . . . → Read More: Should I Continue Paying My Credit Cards During A Northeast Ohio Short Sale?

Northeast Oh Short Sales: If I do a Short Sale will I be able to buy another house?

Yes, you can Short Sale and by another home.

Northeast OH – We get this question a lot from people. “I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us.

Today they can. FHA (the Federal Housing Administration) has a . . . → Read More: Northeast Oh Short Sales: If I do a Short Sale will I be able to buy another house?

Chase will be your judge

It does seem a bit scary when you have lenders deciding if you have “mismanaged” your funds… as Katerina goes on to point out that their management of funds and morality certainly don’t put them on a level to judge other. . . . → Read More: Chase will be your judge