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Tag Archives for: "real estate"
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 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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 New Jersey Property Tax Foreclosure, Tax Sales and Foreclosure
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By admin
In General Tax Questions
Posted March 8, 2019

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 [...]

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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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 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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 Foreclosure Counseling
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By admin
In Foreclosure
Posted January 29, 2018

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 [...]

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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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 Battling Zombie Homes…and Plywood
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By admin
In Uncategorized
Posted December 6, 2017

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 [...]

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 Understanding NJ Tax Lien Foreclosure
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By admin
In Uncategorized
Posted September 5, 2017

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 [...]

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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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