Author: Marina

How long do bankruptcies and foreclosures stay on a credit report?

Bankruptcies and foreclosures can remain on a credit report for seven to 10 years. Some lenders will consider a borrower earlier if they have reestablished good credit. The circumstances surrounding the bankruptcy can also influence a lender’s decision. For example, if you went through a bankruptcy because your employer had financial difficulties, a lender may… READ MORE

Today’s Real Estate News

Today’s Real Estate News 4/21/2009 Failed flip flirts with foreclosure Today’s Real Estate News Provided by Inman News Monday, April 20, 2009 Desperation drives investor to risk credit, deficiency judgment Benny Kass Inman News DEAR BENNY: I am retired. About 18 months ago (before the economic crash), I bought a fixer-upper and renovated it, but… READ MORE