Understanding Loss Mitigation

As a New Jersey resident, there are ways to save your home from foreclosure when you’re staring down a mountain of debt. To help save your house and your sanity, a loss mitigation program may be exactly what you need to keep your home while getting out of debt and turning your financial life back…

New Jersey Foreclosures Near Top in US

Tough news again this month as it was revealed by housing market analysis group RealityTrac that New Jersey ranks just third in the county for rates of homes foreclosed upon. Following only Nevada and Maryland, a nearly 300% increase from this time last year.  Homeowners facing foreclosure, or at least worried about the future of…

Two sets of people's hands: one lawyer holding a confession of judgement contract

Avoiding Foreclosure

When tragedy strikes, your personal life may stop but the rest of the world continues on. Getting behind on your home loan or mortgage can quickly turn into a foreclosure without any action on your part. Even though there are many different programs and ways to help save you from foreclosure, if you are unaware…

Understanding HAMP and How to Avoid Claims

Home Affordable Modification Program (HAMP) The federal Home Affordable Modification Program (HAMP) offers homeowners at risk for foreclosure reduced monthly mortgage payments. This program was designed to help families with documented financial hardship.  It is for those who would have the ability to make payments if their monthly bill was modified to a lower amount.…

Mortgage Foreclosure Defense

Facing a Foreclosure? If you have fallen behind on your mortgage payments, there are options to prevent losing your home. If you are facing foreclosure, it can leave you feeling devastated and hopeless. It is essential that you seek that you seek legal help immediately to avoid foreclosure and gain additional time to find an…

Maryland Foreclosure

Maryland Aims to Prevent Tax Sale Foreclosures In the past year, there were over 20,000 Maryland households with delinquent taxes. Thirty-percent of those properties were sold through tax sales. In the State of Maryland, homeowners with as little as $250 of unpaid property taxes or $350 of unpaid water bills risk foreclosure. When a homeowner…