Foreclosure may occur when the owner cannot be able to finance his mortgage payments anymore and the bank will take back the property. One of the reasons why there are various foreclosures in east cobb ga is the economic downturn which which turned to some to lose their jobs and face financial difficulties. The credit report of the owner will be damaged and it will be hard for him to recover for years if he face this kind of situation.
However, on the positive, those who are looking for homes
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