New Jersey Property Tax Foreclosure, Tax Sales and Foreclosure
The following are some Frequently Asked Questions About Delinquent Property Taxes, Tax Sales and Property Tax Foreclosure Q: What is a Tax Sale Certificate? A: Tax Sale Certificate is a lien on a [...]
Hiring the Best Short Sale Agent in NJ
Here are some important factors to consider when hiring a short sale agent #1 Short Sale Experience: Short sales can be extremely complex. Some of the complexities include detailed program [...]
Using a Short Sale Agent that Knows Your Rights
Using a Short Sale Agent that knows your rights. NJ Law Establishes New Short Sale Process for Residential Mortgage Foreclosures When considering a short sale, using a short sale agent [...]
Avoid Taxes on a Short Sale
The Internal Revenue Code provides for an insolvency exclusion which exempts forgiven debt for a taxpayer, to the extent of their insolvency. Insolvency is the difference between the taxpayer’s [...]
Foreclosure Counseling
The National Foreclosure Mitigation Counseling (NFMC) program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically [...]
Which is Better? A Bankruptcy or a Short Sale
Bankruptcy is a legal process that may stop a foreclosure and allow you to reorganize your debt and keep assets. However, what really may happen, is the bankruptcy only delays the foreclosure — [...]
Battling Zombie Homes…and Plywood
Abandoned-houses, So-called “zombie homes” are a widespread problem facing anyone working to combat urban blight still lingering after the housing crisis and the Great Recession. The term [...]
Understanding NJ Tax Lien Foreclosure
All municipalities in New Jersey are required by statute to hold annual sales of unpaid real estate taxes. By selling off these tax liens, municipalities generate revenue. Tax sales are [...]
