The affects of Foreclosures on Credit.

I came across an awesome article today by the Arizona Mortgage team.  Which answered a question I get – ALL THE TIME. 1) How will a short sale affect my credit2) How will a foreclosure affect my creditThe above two questions get emailed to me on a daily basis.  The answers are here.  With GREAT examples and comparisons vs. late payment on the Credit card all the way to a full blown foreclosure on the house.Great information – happy to share it!