by Malik | Sep 29, 2023 | Blog
No, there’s a common misconception that you must vacate your property as soon as a foreclosure lawsuit is filed by the lender. This is not accurate. In New Jersey, the foreclosure process typically spans several months before eviction becomes necessary. You only...
by Malik | Aug 7, 2023 | Blog
A short sale may not always be a viable option for a homeowner facing foreclosure due to several reasons: Lender Approval: In a short sale, the lender must approve the sale price, and they may not agree to it if they believe the property’s value is higher. This...
by Malik | Jul 30, 2023 | Blog
Back in August, 2022, in a vibrant suburban neighborhood, nestled amidst lush greenery and friendly neighbors, in Suffolk county, there stood a house that seemed to have lost its way. The house, once a charming family home, had fallen on hard times and had become a...
by Malik | Jul 21, 2023 | Blog
Are you looking to sell your house quickly and without the usual complexities of the real estate market? Look no further! Cash buyers offer a streamlined solution that can save you time, eliminate stress, and provide you with a rapid cash offer. In this article,...
by Malik | Jul 18, 2023 | Blog
Introduction: When it comes to selling your house, the traditional route of working with real estate agents and listing on the market is not always the best fit for everyone. For homeowners seeking a fast and hassle-free sale, cash buyers offer a compelling...
by Malik | Jul 16, 2023 | Blog
In a short sale situation, a deficiency judgment refers to the amount of money remaining after the sale of a property in foreclosure falls short of fully satisfying the outstanding mortgage debt. When a homeowner is unable to continue making mortgage payments and the...
by Malik | Jul 9, 2023 | Blog
If you’re a distressed property owner facing financial difficulties, it’s essential to understand the concepts of pre-foreclosures and deficiency judgments. By gaining insights into these terms and their implications, you can make more informed decisions...
by Malik | Jul 7, 2023 | Blog
Property owners can lose their properties to foreclosures for several reasons: Mortgage Default: The most common reason for foreclosure is when property owners default on their mortgage payments. If homeowners fail to make their monthly mortgage payments as agreed...
by Malik | Jul 7, 2023 | Blog
A short sale can be a viable option for property owners facing pre-foreclosure as it offers several benefits, including the potential to save their credit. Here’s why: Avoiding Foreclosure: A short sale allows the property owner to sell their home for less than...
by Malik | Jul 7, 2023 | Blog
A pre-foreclosure distressed seller might consider agreeing to “subject-to” (sub-to) terms to sell their property for several reasons: Avoiding Foreclosure: By agreeing to a subject-to-deal, the seller can prevent the foreclosure process and the associated...
