Posted on: 23rd Apr, 2013 01:56 am
Hello there… My wife went through a short sale about 1 1/2 years ago. Both of us were on the title but she was the only one on the mortgage note. The short sale doesn't even appear on my credit. Fast forward to the present and we're ready to buy again. Now I will be buying the property alone in my name. Will my wife’s short sale affect me?
Hi Guest,
As your name was not on the mortgage docs and the short sale does not appear on your credit report, it won't have a negative impact on your loan process.
Thanks,
Jerry
As your name was not on the mortgage docs and the short sale does not appear on your credit report, it won't have a negative impact on your loan process.
Thanks,
Jerry