With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in anyway? Many homeowners across America and are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued
While the housing market is rebounding, many people in ] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued
Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In , NJ? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If you stop … Continued
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued
Understanding the foreclosure process in NJ is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in NJ What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued
Do you have a NJ house that’s in foreclosure right now? Many people going through the NJ foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell … Continued
You are likely to avoid what you don’t understand; however, this often leads to missed opportunities. There are many different situations, issues with properties, and reasons for selling. When the time comes to sell your home, the traditional market and all the trappings of a real estate agent aren’t always a perfect fit. So, it’s … Continued
While older homes are often quite charming, their age can be of concern to buyers. Because of the unique challenges that older homes can present, you must take special care to improve your odds of a deal. Therefore, we’ve gathered together our top four tips for selling an old house in . Price Believe it … Continued
When you’re ready to sell your home, it’s helpful to know some insider tricks to make the process fast, simple, and straightforward. By understanding what it takes to sell your home without going through weeks and months of trial and error, you can save yourself time and money as well. Read on for the inside … Continued
When you’re ready to sell, thoughts of what is wrong with your house, the desire to sell your home for a higher price may motivate you to make the repairs on your own to save money. Remember too, when you are selling, the disclosure form awaits, and you will need to advise the new owners … Continued
It’s time to downsize! Perhaps you’ve decided to join the tiny house trend, your needs have changed, and you no longer require a large house, or you’ve reached your retirement years, and you wouldn’t mind having a bit less space to manage. No matter the reason for your lifestyle change, we will cover four ways … Continued