Red Edge
  • Home
  • Sell
  • Can I Buy Another Home-Short Sales

Can I Buy Another Louisville KY Home?

Credit Impact

Remember that while a Short Sale is less damaging to your credit history than a foreclosure, it still will impact your credit rating.
Lenders have been known to negotiate how they will report the Short Sale.

There is a possibility that the reporting of the Short Sale and how it appears could be negotiated to alleviate the negative impact on your credit history. While this is rare, some lenders have agreed to report the debt as paid-in-full. It's worth asking your lender if it will do the same thing.

Click on any of the links below to learn more about credit impact. By clicking on the links below you will be redirected to websites not affiliated with Red Edge. will a Short Sale ruin my credit?

Selling Your Home?

If you are considering selling a home in the Louisville area, contact us first to get a free valuation and market analysis.

Free Market Analysis
Our FREE service provides you with your home's current market value and suggested selling price.
Monday, November 6, 2023
By MIKE HALL, Owner/Agent/Broker Photo by Miguel A Amutio on Unsplash While Thanksgiving and Black Friday tend to consume November, there’s lots to do ...
Read More
Tuesday, September 26, 2023
by MIKE HALL, Owner/Agent/Broker There’s sure to be something for everyone in Louisville to enjoy this month. Whether you prefer more fun events like pumpkin picking and ...
Read More