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 Mercer, Middlesex, Monmouth, & Burlington County NJ, Bucks County PA anyway? Many homeowners across America and Mercer, Middlesex, Monmouth, & Burlington County NJ, Bucks County PA are facing … 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
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 Mercer, Middlesex, Monmouth, & Burlington County NJ, Bucks County PA NJ? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan … Continued
Understanding the foreclosure process in NJ & PA is an important part of navigating your own home foreclosure. Before we dive in… 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. But just know that … Continued
Do you have a Mercer, Middlesex, Monmouth, & Burlington County NJ, Bucks County PA NJ & PA house that’s in foreclosure right now? Many people going through the NJ & PA foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: … Continued
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