What is the impact of a short sale on my credit score?

As a Certified Distressed Property Expert (aka CDPE), Montemayor and Associates specializes in helping homeowners who are in need of guidance and assistance when it comes to issues with their home. One of the questions we get asked quite often is, “How would a short sale affect my credit score?”

This question can have many answers, but here is a quick summary…

There are a few things that must be considered when determining how big the “Hit” on your credit will be when completing a short sale. These factors are, but not limited to:

  • Your initial credit score

  • Your credit history and how consistent you were prior to the short sale

  • Other items that are currently not being paid

In addition, we have seen credit scores reduced between 50-350 points, with the majority of them falling in between the 100-250 range.

The good news is that we have seen our clients be able to rebuild their credit score as soon as 6 months, and in most cases over an 18-24 month period, which will be perfect timing to re-enter the market and buy their next home.

Check out this short video to see Brandon discuss the factors that directly impact the affect of short sale on your current and future financial situation.

If you have any further questions, please call us directly at 661-510-2789, email us at, or check us out on the web at

We look forward to hearing from you and hope you give us the chance to help you and your family.