A short sale does not affect a distressed homeowner's credit score as much as a foreclosure.

Name: A short sale does not affect a distressed homeowner's credit score as much as a foreclosure.
Brand: Quizplus
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Quizplus · Accepted Answer

A short sale is a more favorable option for distressed homeowners as it shows that they took the initiative to sell their property and avoid foreclosure. While a short sale may still have a negative impact on a homeowner's credit score, it is generally less severe than the impact of a foreclosure.

A Short Sale Does Not Affect a Distressed Homeowner's Credit