Short Sale and FICO Score
Question:
How much will my FICO score drop after a short sale?
Answer:
My FICO score before my short sale was 712. I had a first and second mortgage on my house. I remained current on both mortgages.
After the short sale, my FICO score dropped 61 points to 651. I was very worried that my score would drop 200 to 300 points after reading all the stories online. So, 61 points is not to bad....
Below is a copy of my credit score as of September 2011.
