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Short sale credit impact hard to determine (access required)

By Benny Kass
Published: December 6, 2011
Time posted: 5:12 pm
DEAR BENNY: What impact will a short sale have on my credit rating? Will it be better for me to let the property go to foreclosure? --Kristine DEAR KRISTINE: That's a tough question to answer because, to my knowledge, the various credit rating agencies have different approaches to determining ratings. More significantly, once you start falling behind on ...



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