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 NJ? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If you … 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
If you’ve been driving around in New Jersey, chances are you’ve seen some billboards advertising companies that buy houses. Often times they say things like “We Buy New Jersey Houses!” or “Cash For Your House”. Are these “we buy houses in New Jersey companies” credible? How do I know if the local house buying companies out … Continued
Should you take a cash offer for your New Jersey house? Not always. I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no. Selling My House For Cash In New Jersey If you’re selling a property in New Jersey to an end buyer … Continued
