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cant afford to sell your house

Stuck in a house you can’t afford or can’t sell for more than you owe on it?

Stuck in a house you can’t afford or can’t sell for more than you owe on it?

Credit News | July 6, 2010 at 12:53 am | 39 comments

Beware the Web, where you’ll see plenty of claims that short sales will save your credit, simple as that. But there’s nothing simple about deciding whether to sell your house in a foreclosure or in a short sale, which means you sell the property for less than you owe the bank. And in most cases, going through either process will wreck your credit score. “Both short sales and...

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