Category: Short Sale

What is a short sale and how does it benefit you in New Jersey?

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What is a short sale and how does it benefit you here in New Jersey? If you’re thinking that question about yourself… great question! In this article we’ll dive into that question so you as a New Jersey home owner can tell what your options are during foreclosure or just if your home mortgage is … Continued

Short Sale vs. Foreclosure – What’s the Difference?

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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 New Jersey? 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 … Continued