|
Bankruptcies & Foreclosures
How bad is a previous foreclosure on credit?A property foreclosure is one of the most damaging events in a borrower's credit history. In terms of the effect on credit history, a deed in lieu of foreclosure or a short sale is not as adverse an event as is a forced foreclosure.
Return to Ask an Expert Topics
Ask your question:
Please Note: Although we make every attempt to personally respond to all questions, due to volume it may not always be possible. All answers will be published in the Ask an Expert area of our site.
* - required
|
 |
|