Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

93
Posts
32
Votes
Randal McLeaird
  • San Antonio, TX
32
Votes |
93
Posts

Credit Score drop Compared to Foreclosure

Randal McLeaird
  • San Antonio, TX
Posted

Hi All -

I just had a home owner tell me he did some research on short sales and he found that his credit score can/will drop 150 points...

I'm hoping someone on here can tell me what experience they've had with any owners they've worked with in the past and if anyone knows the approximate drop in credit score when doing a short sale compared to letting it get foreclosed.

I need some ammo going into the conversation.

Loading replies...