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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Raleigh, Knightdale and Cary, North Carolina real estate agent(s). Contact Tonya Debnam today! Find Raleigh, Knightdale and Cary Homes - Find Raleigh, Knightdale and Cary, North Carolina real estate listings & homes for sale provided by Tonya Debnam, your local expert real estate agent(s). For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from Tonya Debnam, a Raleigh, Knightdale and Cary, North Carolina real estate agent(s). For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Tonya Debnam, Raleigh, Knightdale and Cary, North Carolina real estate agent(s). Raleigh, Knightdale and Cary Information - Find local information on Raleigh, Knightdale and Cary, North Carolina including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Tonya Debnam, real estate agent(s). Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Tonya Debnam, Raleigh, Knightdale and Cary, North Carolina real estate agent(s). About Tonya Debnam - Information about Tonya Debnam including testimonials, guarantees, credentials, and contact information. Learn about real estate agent(s) like Tonya Debnam in the Raleigh, Knightdale and Cary, North Carolina area. 
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Foreclosures >1. What Is a Foreclosure? A foreclosure is a legal process through which a mortgagor loses his or her equitable right to redeem a mortgaged estate; in other words, the lender completely repossesses the home from the borrower (homeowner.) The lender goes through the legal motions to sell the property, terminate all the homeowner’s rights in that property, and remove the homeowner.
What are the effects?
- The most stressful and pressing effect that foreclosure has is that the borrower loses his or her place to live.
- Foreclosure negatively affects the borrower’s credit rating. It stays on a credit report for seven years and drops a credit score 250 points.
- A borrower who’s been foreclosed on may have trouble finding and keeping jobs since good credit may be required by employers to be hired.
- A foreclosed home can bring down the value of surrounding homes.
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| Q |
Where is the world's longest spiral staircase?
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| A |
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps. |
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