Foreclosure

The nationwide economic crisis that began a few years ago left many New Jersey homeowners reeling from a sudden drop in home values. A homeowner who decided to take advantage of rising home values prior to the crisis might have taken out a home equity loan in addition...

The nationwide economic crisis that began a few years ago left many New Jersey homeowners reeling from a sudden drop in home values. A homeowner who decided to take advantage of rising home values prior to the crisis might have taken out a home equity loan in addition...

Whatever may be going on in life, a person can always find solace and comfort when they walk through the front door of their home. The prospect of losing this sense of relief and escape from the world can devastate a person and an entire...

Something that can happen when your financial situation becomes difficult is that you might find yourself falling behind on your mortgage. You may be forced to "juggle bills," trying to maintain a balance between keeping food on the table, your utilities connected and...

It has the makings of a riddle: Where can you find a place where sales of existing homes are both a buyer’s market and a seller’s market while still being an underperforming market compared to most everywhere else -- all at the same time?The answer: New...

Times have been tough across New Jersey and across the nation in the past couple of years. Whether it is a sagging economy, not enough jobs, or not enough good paying jobs, it seems that it has been difficult for many people to find their way since the so-called...

The people of New Jersey work hard to support their families and achieve the American dream. Home ownership is a crucial part of that dream. Owning a home can provide a family with a sense of financial security, community and responsibility. But through the economic...

Although nearly everyone has probably heard something about the high rate of foreclosures across the nation in recent years, New Jersey residents will be sad to hear that their state now sits atop the list of states with the highest rates of foreclosure in the nation....

Even though financial gurus have been assuring us that the worst of the financial crisis is over, foreclosures of family homes don’t seem to be slowing down. According to Realty Trac, more than 1.1 million homes in America are currently in some phase of the...

A mortgage is considered underwater if the homeowner owes more on the mortgage than the assessed value of the property, also referred to as negative home equity. In both Newark and Elizabeth, New Jersey, more than half of all homes are underwater, with Paterson...