Foreclosure

Foreclosure

The ramifications of foreclosure

There are several tough consequences when a homeowner allows the home to go into foreclosure: You will lose your home. You will lose any equity in the home. There is a waiting period before you can purchase another home. For a conventional loan, you’ll need to wait seven years. If you can prove extenuating circumstances […]

Foreclosure The ramifications of foreclosure There are several tough consequences when a homeowner allows the home to go into foreclosure: You will lose your home. You will lose any equity in the home. There is a waiting period before you can purchase another home. For a conventional loan, you’ll need to wait seven years. If you can prove extenuating circumstances […]

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