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 [...]
Woodbridge Cracking Down on Abandoned Properties
Woodbridge, NJ – Woodbridge is beginning a township-wide initiative to identify abandoned properties, locate the owners, and finally, return the properties to productive use. [...]
Foreclosure vs. Short Sale
When a borrower consistently fails to make mortgage payments, the property is foreclosed upon. In a foreclosure, the lender assumes ownership of the property and evicts the [...]
GOOD NEWS! TAX RELIEF BILL FOR SHORT SALES TO HIT PRESIDENT’S DESK
The appropriations bill, which is a $600 billion bipartisan spending bill that includes the extension of several tax relief provisions, has passed in the House of Representatives and the Senate [...]
HOW LONG WILL I HAVE TO WAIT TO BUY A NEW HOME AFTER FILING A CHAPTER 7?
So you were in foreclosure, filed for Chapter 7 Bankruptcy and you’re done. WRONG! If you plan on buying another home in the future after a regular Chapter 7 bankruptcy, the seasoning clock [...]
