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[karlsd]

How does a foreclosure affect a person's credit rating? How many years does it take to recover?

[aguilar]

It can effect your credit rating for some time but you will be surprised to hear that some lenders will still offer you another mortgage fairly soon after a foreclosure. Some of the sub prime lenders do this, the rate will not be the best rate but you will be able to obtain a home mortgage after a couple years.

[TampaRealtor]

As far as being reported on your credit report it will be there anywhere from 7-10 years

[avoidforeclosur]

Foreclosure investing is really hotting up the scene nowadays. As more and more people are clearing off the debts by their property sale…..its a good way to capture some profits and quick ones too. Foreclosure profits are not only earned quickly but they are easy to earn also provided you know a foreclosure system. You just need a proper plan and way to go about it and then you can be good at judging the circumstances.