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Is a short sale better for your credit than a voluntary foreclosure?In: Foreclosure |
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I spoke with a lawyer...Voluntary foreclosure could be better because it would only be 1 hit on your credit instead of having to go 180 days past due. You can offer the deed to your house if the bank will take it to prevent the bank from placing a judgement for any amount uncollected at the sale.
First answer by ID1118898295. Last edit by ID1118898295. Question popularity: 70 [recommend question]
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