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Updated almost 7 years ago,

Guillaume Derouet's profile image
Guillaume Derouet's profile image
Guillaume Derouet
  • Investor
  • from Ann Arbor, Michigan
  • Member since Jan 13, 2014
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65
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3
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Guillaume Derouet's profile image
Guillaume Derouet's profile image
Guillaume Derouet
  • Investor
  • from Ann Arbor, Michigan
  • Member since Jan 13, 2014
Connect
Guillaume Derouet
  • Investor
  • Ann Arbor, MI
3
Votes |
65
Posts
Buying & Selling Real Estate

Does a foreclosure affect your personal credit ?

Guillaume Derouet
  • Investor
  • Ann Arbor, MI
Posted

My property burned down, no insurance, the fire department order fences, I can't afford the bill and the property is worth $4,000. If I let it go and get foreclosed on it, will that affect my personal credit ?

Please let me know.

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