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How long will a foreclosure affect your buying a new home?

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Foreclosures

Foreclosure notations can appear within the account listing itself, called a "tradeline" and the actually legal filing of foreclosure can appear within the public records portion of your credit report.

Any tradelines with derogatory information are shielded from view after 7 years. The legal entry can appear for 7 years from the date of filing.

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