With the New Jersey foreclosure rate being one of the highest in the country, it’s not unusual for people to find themselves packing up and moving from their homes because of insurmountable debt. A recent report from RealtyTrac shows NJ has the fourth-highest foreclosure rate in the country, with foreclosure…
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Archive for the ‘Real Estate’ Category
Foreclosures in New Jersey; We Are No. 1!
Jun 24, 2014
When it comes to foreclosure rates, there is nothing good about the recent statistics revealed by the Mortgage Bankers Association. Though the federal government announced in February that the national foreclosure rate is declining, it seems New Jersey might have been left out of the rebounding. Apparently, NJ is officially…
Short Sales: Is the Time Worth the Effort?
Jun 17, 2014
When you are excited about buying a new home, the last thing you are looking for is a long, drawn-out process that leaves you with lots of questions and few answers. However, good things do come to those who wait…especially if you and your family have the patience to wait…
Is It Possible to Expedite a Short Sale?
Jun 10, 2014
The short sale process – selling/buying a home for less than is owed on the loan – is often a long drawn-out process that could easily try the patience of anyone. The bank needs to approve the offer; there’s piles of paperwork to fill out; and there are often other…