Post-Foreclosure Stress Disorder: Barriers Keeping Buyers from Market

Livinglies's Weblog

Editor’s Note:  In this article, the National Association of Realtors (NAR) admits that one of the challenges people who have faced foreclosure experience is a psychological disorder they refer to as ‘post-foreclosure stress disorder’.  We first wrote about this disorder last year when we discovered readers were suffering from long bouts of  post-traumatic stress disorder from their foreclosure experiences.  At least it’s a start that the NAR admits that foreclosure creates long-lasting psychological changes in future financial decision making.  Unfortunately the NAR doesn’t discuss the disorder in detail or provide reasons why record-numbers of Americans have lost their homes to pretend lenders.

Anyone who has had a bad experience with a loan servicer or lost their home to foreclosure will be very hesitant to purchase a home again- if ever.  The NAR has done very little as an advocate of homeowners, and continues to promote the fallacy that there is…

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