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A FORECLOSURE
is the ABSOLUTE WORST OPTION some of you may be thinking
"I'll just give it back to the bank" of course
by giving it back to the bank there's no offers so it doesn't really matter how
long it takes
and you won't have to bring any money to the closing table
but it DESTROYS YOUR CREDIT
we call it the atomic bomb of credit hits the one that cuts that the deepest
and takes the longest
its 10 years are fighting judgment against you,
1099, deficiency judgment,
and creditors calling you day and nite also
you could have your wages garnished because of the 1099
from the IRS you might not be able to buy another house
another car in some cases even rent an apartment
or even get another job for the next decade
we strongly advice
against going with a foreclosure