When homeowners can no longer make mortgage payments, foreclosure is a very real possibility. The entire process can take a bit of time to conclude, which provides the homeowners with many opportunities to catch up on missed payments and retain ownership of the...
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Foreclosure
How can I avoid common foreclosure scams?
People will do just about anything to avoid their home being foreclosed upon. This leaves them vulnerable to common foreclosure scams, which prey upon a person's fervent desire to retain their home. Foreclosure scams come in all shapes and sizes, which makes it...
Tips to avoid foreclosure
Homeownership is part of the American Dream for many New Jersey residents. That dream is often threatened when making mortgage payments is no longer possible. If you are struggling with making the monthly amount, you may believe a short sale or bankruptcy are your...
How to slow or avoid foreclosure
Purchasing a home in New Jersey is an exciting experience. Unfortunately, medical debt, loss of employment and other changes to a person’s financial status can lead to foreclosure. Many people facing a foreclosure may believe their banks are eager to evict them...
Are there alternatives to foreclosure?
Foreclosure is a scary prospect for homeowners in New Jersey who can no longer afford their mortgage payments. However, there are alternatives that can help mitigate the damage. Realtor.com explains what you can do if your home is at risk.Short sale If you can prove...
Can you prevent foreclosure from destroying your future?
If you are facing a potential foreclosure on your property in New Jersey, it can be unsettling to think about your future and how this decision may impact your ability to get credit in the future. While foreclosure undoubtedly has consequences, you have the ability to...
Understanding the consequences of your foreclosure
Owning a home in New Jersey is certainly something to be proud of, but there may be times when the stress of homeownership could have you grasping for solutions to stay financially afloat. When weighing your options for financing your home when you have run into a...
Am I at risk of foreclosure?
Losing your home to foreclosure can be a devastating prospect. In some cases, there may be signs indicating a foreclosure is on the horizon and recognizing these signs will help develop a plan and potentially prevent the process from occurring. The U.S. Department of...
How lien stripping may save your home from foreclosure
Sometimes, having a good job and a solid income is not enough to keep a person in New Jersey afloat financially. In fact, if you are struggling to pay all your bills every month and still have enough left for the necessities of life, you are not alone. We at...
How long can I stay in my house after foreclosure?
When you fall behind on your house payments, your lender will start the foreclosure process. While you will not have to leave right away, you should be aware that eventually you will likely be forced out of the home. It is best to know ahead of time how long you will...