Loan Modification Forum - LoanSafe.org - View Single Post - how bad does short sale mess up credit?

My pleasure. Short sales can take from 3,6 and 12 months in some cases. So, time will be on your side.

You're not wrong to think like that and I am not sure on the laws there or if they will allow what is called an 'arms length transaction'. I would take with a really, really savvy short sale Realtor and attorney on this.

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Moe Bedard
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07-01-2009, 04:14 PM	#5 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: how bad does short sale mess up credit? My pleasure. Short sales can take from 3,6 and 12 months in some cases. So, time will be on your side. You're not wrong to think like that and I am not sure on the laws there or if they will allow what is called an 'arms length transaction'. I would take with a really, really savvy short sale Realtor and attorney on this. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.