Short Sale

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

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. NJ Law Establishes New Short Sale Process for Residential Mortgage Foreclosures When considering a short sale, using a short sale agent [...]

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 [...]

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 — [...]

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 [...]

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 [...]

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 [...]

  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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