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Will a foreclosures in one state affect another house in another state

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if they're in the same neighborhood or same street/block. it all affects the nat average and buying power morts rates. NJ and Alaska did not see much depreciation till last yr. But of course inAlaska most people live in trailers and live of th land.
S Palin was park ranger for the worlds largest campground.
NJ has the highest $millionaire/billionaire rate per capita @18%

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What do you mean? If you foreclose you are ineligible for a new mortgage for at least 3 years regardless of state. If you mean home values affecting your home, then only if you live very close to a state line where comps are within 10 miles.

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Sounds like they have 2 homes.
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If someone owns two homes, they can foreclose on one but not the other. If the homes are not nearby then the other value is not affected, but the owners cannot buy or refinance for 3-7 years depending on their loan program.
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thank you.. The question was I own a home in California that is going into forclosure, I own a home now for 8 years in Arizona and never missed a payment, From your answer they wont be able to forclose on my home in Arizona then?
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