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Updated over 16 years ago on . Most recent reply

Eduardo Fernandez's profile image
Eduardo Fernandez's profile image
Eduardo Fernandez
  • Real Estate Investor
  • from Los Angeles, CA
  • Member since Apr 16, 2008
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Eduardo Fernandez's profile image
Eduardo Fernandez's profile image
Eduardo Fernandez
  • Real Estate Investor
  • from Los Angeles, CA
  • Member since Apr 16, 2008
Connect
Eduardo Fernandez
  • Real Estate Investor
  • Los Angeles, CA
0
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19
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Foreclosures

Short Seller Credit Consequences?

Eduardo Fernandez
  • Real Estate Investor
  • Los Angeles, CA
Posted

This is my first post in this area. I've been asked by a couple of homeowners that I have approached about what happens to their credit. If the homeowner and buyer arrange a sales prices for less than what is owed and the bank agrees, what will be the consequences to their credit? Are there any other risks or negative information for the homeowner/seller? I would appreciate someones help. Thanks!

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