a18c748f_of_a_Short_Sale_VS_Foreclosure__Short_Sale
[Issue] Future Loan with a Mortgage Co. [Foreclosure] On the federally mandated standard loan application form 1003, you will be required to answer ‘YES’ to the question ‘Have you had property foreclosed upon or given title or deed in lieu thereof in the past 7 years?’ Answering ‘yes’ affects the interest rate you will receive. [Short Sale] 
You typically do not have to declare to future mortgage companies that you previously performed a short sale.
Benefits of a Short Sale VS Foreclosure
Short Sale