Short Sale In Florida | Preventing Bad Credit After Foreclosure

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And market researcher Metrostudy reported the median home price in Florida alone was $121,900 in February, down 53% from June 2006. Short-term opportunity. in rent,” she says, and after purchasing,

In Florida, for example, foreclosures are relatively fast and. on their house will have less negative impact on their credit score than a foreclosure.. The impact of a short sale or a foreclosure on an individual's credit score.

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You may be able to buy sooner after a short sale than a foreclosure.. Short sale waiting periods depend upon the type of loan you seek.. It's important to note, however, that FHA's “no waiting period” has a few strict caveats.