Do you hold a government position, are you in the U.S. Military at Eglin Air Force Base or Hurlburt Field, or are you a Federal contractor? These and many other jobs often require a security clearance. If you are considering short sale or foreclosure, proceed with caution or your position may be at risk.
If you currently hold a security clearance, such as DOD “Confidential”, “Secret” or “Top Secret”, and work for the Federal Government, at Eglin Air Force Base or Hurlburt Field, you may already know a credit check is one of the standard procedures to obtain your clearance. A short sale, foreclosure, or deed in lieu of foreclosure, as well as missed mortgage payments, can all affect whether or not you retain your clearance.
“Why should I care?” you might ask, especially if you are not in the military. According to the Washington Post, over 850,000 Americans hold security clearances and one-third are NOT employed by the government. Also, those who hold security clearances are among the top wage earners in the United States. You don’t have to be a technocrat or engineer to require a security clearance. If you are a janitor, fire fighter, police officer, or administrator in a secure facility, for example, at an international airport, you may need a clearance.
How about another “at risk” scenario? I had a former short sale seller apply for an overseas position in the Middle East as a U.S. contractor after short sale. All applications, interviews, etc., had been completed except for the credit check. The position was denied. Why? Short sale. I don’t want to frighten anyone away from short sale who needs a security clearance, as these are the less frequent outcomes. But, I want to put out a strong warning, consult your security officer before proceeding.
Email Wendy Rulnick for help with short sale in Destin, Fort Walton Beach, Navarre, Niceville, Santa Rosa Beach, Crestview, Florida: firstname.lastname@example.org
Call Wendy at 850-650-7883 ext 204