Which is better for my credit score, a short sale or a foreclosure?

Which is better for my credit score, a short sale or a foreclosure?

They both have the same affect on your credit score. A foreclosure does not penalize your FICO score more than a short sale according to MyFICO.com .There are some people who think a foreclosure is worse to their credit score than a short sale. Credit score aside, there are other financial issues to consider when defaulting on your mortgage. If you are in danger of loosing your home, seek qualified legal and financial advice.

Wayne B. Pruner is a Realtor® at Oregon First, who works in Tigard, Oregon. He is ready to help you with all your real estate needs and he is also a licensed contractor. Wayne knows houses! His phone number is 503-891-0795. Here is a link to his real estate website, Tigard Oregon homes for sale.