Red Edge
sell
  • 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.
 
  About.com: 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, October 11, 2021
Norton Commons Homeorama Explores Beautiful Properties By Mike Hall, Broker/Agent/Owner The housing market in Louisville and its surrounding areas continues to be competitive, ...
Read More
Sunday, September 5, 2021
One Way to Enjoy Louisville this September By Mike Hall, Broker/Agent/Owner Enjoy Louisville at NuLu Fest With cases of COVID-19 continuing to rise, many people are looking for ...
Read More