What
Happens If I Don’t Do a Short Sale or my Short Sale is Unsuccessful?
The result is the same: A Foreclosure. Our goal is for you to avoid foreclosure,
which will affect your credit more than a short sale. Generally a foreclosure is
one of the most damaging occurrences in a credit history. Most likely you will
miss mortgage payments through the course of a short sale and this will show on
your credit history. But at the end of the day, when your short sale is
completed, your credit report will show that your mortgage has been completely
“satisfied” and typically your credit score should almost immediately rise by 65
points.