• It will be impossible to borrow money for another home with a foreclosure on your record.
  • Many employers will want to see your credit report and avoid hiring you should you have a Foreclosure.
  • Renting a home will become difficult since Landlords will access your credit report and consider you risky. 
  • If a Landlord does rent to you, expect to pay higher than customary rent and heavy deposits due to reports that you could not pay your mortgage.
  • Your Insurance rates will escalate with a Foreclosure on your record.
  • Credit cards will be impossible to acquire or you will pay over 29% interest due to the Foreclosure on your credit report.
  • A Foreclosure straps you with the entire debt of your mortgage, the bank can chase your for the rest of your life to collect.

If you know of anyone having trouble keeping there home, please have them contact us for a confidential, no obligation consultation of there situation.  (888) 627-4399 x84 (Dave's extension)