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04 Jan

Short Sales are Overtaking Foreclosures

Published on Wednesday, 04 January 2012 12:22 Hits: 81
Written by Frontier Staff

Short sales are better for homeowners. They can stay in their homes, and the quicker process means they can begin rebuilding their credit sooner. Credit scoring firm Fair Isaac Co., which developed the FICO score, says foreclosures and short sales slash the same number of points from a homeowner's credit score.

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Jan

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