How would a SS effect the sellers credit???
from my understanding its not so much the short sale thats the problem, its the months they were late leading to the short sale.
Ya, according the the myFICO forums, A short sale and Foreclosure themselves have nearly the same effect. The real kicker is how many payments they have missed, Foreclosure obviously they missed many months, and a short sale they may have missed few, none or a lot.
A short sale allows the homeowner’s credit score to recover more quickly and it gives the homeowner a shot to avoid a deficiency judgment.