Many people believe that they cannot sell their home if it is scheduled for a Sheriff’s Sale or is being foreclosed, but the truth is that, as long as they have equity, they can sell their home to stop a Sheriff’s Sale. Do I Have Home Equity? Home equity is the difference between what you […]
Can I Stop Foreclosure On an Inherited Home?
How to Stop Foreclosure on an Inherited Home in NJ If you inherited a home that is at risk for foreclosure or a Sheriff’s Sale, or if you are an heir or an owner of a property that is part of an Estate, you can file a motion with the Court to get time to […]
Can I Apply For An Additional Stay of Sheriff’s Sale Through the HAF?
On December 8, 2021, the New Jersey Courts Announced that Eligible NJ Homeowners Can Now Apply For Additional Stay of Sheriff’s Sale The Supreme Court has authorized homeowners to request an additional stay for Sheriff’s Sales in residential foreclosures as long as they are eligible to receive relief from the Homeowner Assistance Fund (HAF) and […]
NJ Sheriff Sales Have Started Resuming
Foreclosures and sheriff sales in New Jersey, which were halted due to the COVID-19 pandemic in March, have started to resume in some counties: Ocean County resumed sheriff sales in October. Middlesex County resumed sheriff sales in November, using alternate locations. Morris County will resume sheriff sales in December, using alternate locations. Burlington County has […]
Can My Lender Take My House Without a Sheriff Sale?
What is the Optional Foreclosure Procedure in New Jersey? WILL THE NEW ORDERS FROM THE GOVERNOR AND THE FEDERAL GOVERNMENT PROTECT ME IF THE LENDER IS TRYING THE OPTIONAL PROCEDURE? Typically, when a mortgage lender receives a Final Judgment of Foreclosure on a home in New Jersey, it is sold to the highest bidder at […]
My New Jersey Ocwen Loan Was Transferred to PHH. What Do I Do?
My Loan Was Transferred From Ocwen to PHH and My Home was Sold at Sheriff Sale. Is This Legal? We have seen scenarios recently where New Jersey homeowners had their Ocwen mortgage transferred to PHH while they were being reviewed for a loan modification and their homes were sold at a sheriff sale. In these […]
NJ Sheriff Sale Adjournments Have Changed (Updated)
Starting at the end of July 2019, NJ homeowners are now entitled to two sheriff sale adjournments of up to 30 days for $28. Read on for more details about this new law. At the End of July 2019, NJ Sheriff Sale Adjournments Changed In April 2019, Governor Phil Murphy signed a package of bills […]
Am I Responsible For Bills After a Sheriff Sale?
Who Pays Taxes and Other Costs After the Sheriff Sale? When the foreclosure process is over and your home has been sold to a new owner at a Sheriff Sale, you will most likely have to move. However, under New Jersey law, there are procedures the new owner must go through before they can take […]
Can I Stop a NJ Sheriff Sale If I Have Equity in My Home?
My Home is Scheduled for a NJ Sheriff Sale, But I Have Equity. What Should I Do? If you have positive equity in your home that is scheduled for a sheriff sale, don’t let the sale go through before you’ve had the chance to sell it. In many cases, a judge will stay the sheriff […]
I Am Facing An Ejectment Action in Monmouth County. What Do I Do?
Can I be Removed from my Home After a Monmouth County Sheriff Sale in a Foreclosure by an Order to Show Cause for Ejectment? Ejectment of a homeowner after a sheriff sale can be contrary to Equity and Law and may violate Due Process Rights. Once your home has been sold at a sheriff sale […]