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Advantages of a Short Sale Vs. Foreclosure 1-866-60-MODIFY Tube. Duration : 2.13 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Jobs In Jacksonville Fl . Will A Loan Short Sale Affect My Credit? A short sale minimizes the damage to your credit that would be caused be a foreclosure. Typically, borrowers see a 50-100 point reduction in their FICO score following a short sale. This, however, is significantly less than a foreclosure which typically results in a judgment and remains on your credit for 10 years and a FICO score reduction of over 300 points.
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