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Short Sale

Home / Short Sale /
 What Is a Short Sale?
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By WestMarq
In Short Sale
Posted May 11, 2020

What Is a Short Sale?

In the past, trying to sell a property while still owing a hefty portion of the mortgage was unnecessarily difficult.

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 Hiring the Best Short Sale Agent in NJ
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By admin
In Short Sale
Posted January 15, 2019

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 [...]

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 Using a Short Sale Agent that Knows Your Rights
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By admin
In Short Sale
Posted October 11, 2018

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 [...]

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 Avoid Taxes on a Short Sale
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By admin
In Short Sale
Posted June 22, 2018

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 [...]

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 Which is Better? A Bankruptcy or a Short Sale
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By admin
In Short Sale
Posted December 27, 2017

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 — [...]

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 What are The Tax Implications of a Short Sale? Will I Have to Pay Taxes if I Do a Short Sale?
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By admin
In Short Sale
Posted March 2, 2016

What are The Tax Implications of a Short Sale? Will I Have to Pay Taxes if I Do a Short Sale?

A short sale is when a homeowner sells their home for less than the remaining amount owed on the mortgage and the lender agrees to accept the proceeds from the sale in exchange for releasing the [...]

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 Understanding  The Short Sale Process in NJ
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By admin
In Short Sale
Posted January 27, 2016

Understanding The Short Sale Process in NJ

Are you stuck with a mortgage which is more than your property is worth? Are you behind on your mortgage as a result, and want to get out of the situation debt and mortgage free? Are you looking [...]

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 HOMEOWNERS NOW RE-ENTERING THE MORTGAGE MARKET AFTER HAVING COMPLETED SHORT SALES
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By admin
In Foreclosure, Short Sale
Posted December 28, 2015

HOMEOWNERS NOW RE-ENTERING THE MORTGAGE MARKET AFTER HAVING COMPLETED SHORT SALES

More than 1.5 million “boomerang buyers” – those negatively affected by the housing crisis – could re-enter the housing market at some point in the next three years, according to a [...]

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By admin
In Foreclosure, Real Estate, Short Sale
Posted December 23, 2015

HOW LONG DOES A FORECLOSURE TAKE IN NJ? WELL IT JUST GOT SHORTER!

  The foreclosure process in New Jersey used to take 2 years on average. That has been changing. The number of New Jersey home foreclosures by lenders has soared in the past two years and is [...]

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 Welcome to Our New Site!
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By admin
In Foreclosure, Real Estate, Short Sale
Posted June 26, 2015

Welcome to Our New Site!

We’ve been redesigned! Our new site is made to show off the high quality service we provide our clients. We’re here to help you through all of your real estate problems and we [...]

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