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- Last Login: Sep 14, 2020, 4:25am EDT
Atlanta short sale specialist - A foreclosure Atlanta on a house adversely impacts the homeowner in a number of ways, and it also features a negative effect on the lending institution and the real estate market as a whole. The homeowner gets a level on his or her credit that may allow it to be difficult in some cases difficult to obtain cash for an additional house, auto or major purchase. This can essentially get rid of the former homeowner from the pool of large-purchase consumers, a vital part of the country's economic engine, for many years. Banks nearly constantly lose cash on foreclosures; in between the reduced price they get at auction and the sources they need to designate to administer the Atlanta foreclosure process, it's rare for them to come out ahead at the conclusion of a foreclosure.