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Considering a Short Sale in New Jersey? |
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The 10 most common mistakes New Jersey homeowners make when facing foreclosure and what to do instead |
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Expert advice from FHA, HUD, FTC and other government agencies |
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A review of common foreclosure alternatives in New Jersey including loan modification, short sale, deed in lieu of foreclosure, bankruptcy, and legal considerations |
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Data from news sources including CNN Money, The Wall Street Journal, Forbes, USA Today and others |
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Details about the critical consequences of foreclosure and short sales including mortgage deficiency and tax implications in New Jersey - and tips on how to avoid them |
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 888-884-4251 |
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Because short sales are often the best alternative to foreclosure, JK Short Sale works to provide the safest, most effective short sale program in New Jersey -- at no cost to you. Our close rate, over three times the industry standard, demonstrates not only the effectiveness of our program but also our commitment to homeowners in New Jersey. JK Short Sale offers: |
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Free Consultation: We will spend time answering your questions and provide essential information to help you assess your options. |
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Expert Team: Our team of financial and real estate professionals have expertise you can rely on. |
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Success at No Cost: Our program is always FREE to homeowners. |
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Complete Solution: We provide a full-service offering to give you the best chance to eliminate your mortgage debt without a deficiency. |
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- Explain our experience with your particular lender
- Provide information about the deficiency laws in New Jersey
- Discuss the general implications of foreclosure compared to a short sale
- Highlight exclusions related to the Mortgage Debt Relief Act
- Review New Jersey lending and foreclosure laws
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Let's Talk!
Call Today for a Free, No Obligation Consultation
888-884-4251
| New Jersey Foreclosure Information |
| State: | New Jersey |
| Primary Method: | Judicial |
| Time Frame: | 300 days |
| First Document: | Complaint Filed |
| Right to Cure: | Up to date of final judgment by tendering amount due before default, perform any obligations necessary, pay costs, and contractual late charges. May reinstate only once in 18 months. Final judgment of foreclosure of residential mortgage may be delayed if debtor certifies that there is a reasonable likelihood that debtor will be able to provide payment necessary to cure the default within 45 days. |
| Redemption Period: | Six months after the entry of judgment. |
| Deficiency Judgment: | No personal deficiency judgment in foreclosure actions or execution thereon for balance due. Deficiency judgment is obtainable in an action after foreclosure. Judgment is limited by the fair market value. Action for a deficiency judgment must be brought within three months. |
