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Archive for June, 2008

The Cost of Foreclosure? almost $78k!

Jun 4th, 2008 by Greg | 1

The cost of a foreclosure, it turns out, is pretty staggering and we wonder why lenders and the investors they represent aren’t jumping at a solution, any solution, that would allow them to avoid going to foreclosure whenever possible.
According the Joint Economic Committee of Congress, the average foreclosure costs $77,935 while preventing a foreclosure runs […]

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