Foreclosure = bad credit risk?? Take a closer look! - 07/20/11 02:24 AM
 

Losing your home to foreclosure is a painful experience, no question about it.  After surviving that trauma, you are left to deal with a damaged credit record that can take years to repair.  Even worse, though, is the common opinion that foreclosure is the result of irresponsible behavior on your part.
There is some good news, though!  Transunion, the credit reporting company (really!), discovered some interesting evidence in a recent study of these questions -
•1.       Does a foreclosure on your record predict a future of missed payments and defaults?  The answer - not necessarily!
•2.       Is there a … (5 comments)

 
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Laurie Martinez South Orange County Real Estate

Capistrano Beach, CA

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Prudential California Realty

Address: 209 Avenida del Mar, Suite 104, San Clemente, CA , 92672

Office Phone: (949) 633-1612

Cell Phone: (949) 633-1612

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