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Short Selling vs. Foreclosure: Understanding the Impact on Your Credit Score

Posted by Anthony Senerchia Jr. | Jun 07, 2023 | 0 Comments

Financial difficulties can sometimes lead homeowners to consider options like short selling or foreclosure. While both of these methods involve selling a home for less than what is owed on the mortgage, they have different implications, especially when it comes to your credit score. In this blog post, we will explore the differences between short selling and foreclosure and how each can impact your credit score.

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At Senerchia & Senerchia P.C., located in Cranston, Rhode Island, we stand with individuals and families in our community who have endured hardship or life challenges. At our firm, we focus on Short Sales, Bankruptcy, Family Law, Estate Planning, Worker’s Comp, Probate, Personal Injury, and Criminal Law. We have dedicated our careers to fighting for the rights of people in Rhode Island, Massachusetts, Connecticut, and New Hampshire.

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