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stop foreclosure Boston - A foreclosure Boston on a house negatively affects the home owner in a variety of methods, and it also features a negative effect on the lender and the real estate market as a whole. The home owner receives a level on his/her credit score that may ensure it is difficult often difficult to obtain cash for another house, auto or major purchase. This will essentially remove the former home owner from the pool of large-purchase consumers, a crucial area of the country's economic engine, for years. Financial institutions nearly constantly lose cash on foreclosures; in between the reduced price they receive at auction and the resources they have to designate to administer the Boston foreclosure process, it's rare for them to come out in advance at the end of a foreclosure.

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