Foreclosure can be a lengthy ordeal. While dealing with foreclosure can be stressful, it is important to understand the process and your options. The following is intended to help understand what you can expect in a foreclosure case. The NJ Foreclosure Process: Step by Step Default The foreclosure process can begin after a default of […]

Foreclosure and the Statute of Limitations Many mortgage lenders end up with a backlog of delinquent loans, and processing these can take months or even years after the borrower ceased to make payments. This means foreclosure actions on a property may be subject to a time limit known as a statute of limitations. Any legal […]

What are Mortgage Surplus Funds? If your lender has obtained a Final Judgment of Foreclosure, they will attempt to sell your home in a Sheriff Sale for an amount that will cover what you owe on the mortgage, plus any costs and fees, as long as the costs and fees were added to the Final […]

I Am Facing an Ejectment Action From my Foreclosed Home. What Are My Rights? After the foreclosure process, when your home has been sold to a new owner at a sheriff sale, it is only a matter of time before you have to move. However, you still have rights that must be observed by the […]

What are VA Mortgages? Veterans Affairs mortgages, also known as VA Home Loans, help veterans get financing to buy a home through loans that are easier to qualify for than traditional mortgages. Some important information about VA Mortgages: They are available to all active military members, military veterans, and spouses of military members who died […]

What Are Hard Money Lenders? Hard money lenders offer an alternative way of getting loans, including those you would use to pay off your mortgage. They differ from traditional mortgage lenders in that the loans come from private individuals or investors based on the property you are using as collateral (in this case, your home). […]