Credit Report Errors Can Turn Short Sales into Foreclosures!

phoenix real estate blogIn this digital age computers sometimes have us by the … hard drive. We know what we want the thing to do but for some reason it just doesn’t want to give us the right answer. Computers are dumb that way, and smart too. Pretty frustrating.

But being a technophile I like to give my gadgets the benefit of the doubt. But lately we got pretty annoyed at a computer glitch that through the short sale industry out of whack for a little while.

Basically consumer credit reports were showing short sales as foreclosures!

Imagine that – the two things couldn’t be farther apart from each other but some dumb computer glitch (which is only now being fixed) thought they were the same.

We are sorry but the fact that short sales and foreclosures can even be said in the same breathe makes my blood boil. We don’t care how dumb the computer is there’s just no excuse for it.

We run an honest trade here people. We help banks and homeowners walk away from a bad relationship with dignity and we’re fixing the housing market in a big way. Foreclosures are for the bottom of the barrel when all means have been exhausted.

We think you should go home today and pull up your own credit report and check yourself out. If this happens again you need to bring the roof down. Let us know if you’ve suffered from this “computer error” and what you did about it.