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I think that a foreclosed can have a important effect
on the client's life. Mortgage foreclosures can have a Six
to a decade negative impact on a debtor's credit report.
Any borrower that has applied for a home loan or almost any loans for that
matter, knows that the worse credit rating is, the more
hard it is to get a decent mortgage. In addition, it can affect a borrower's
capability to find a quality place to lease or hire, if that turns into the alternative housing solution. Interesting blog post.
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