A notice of intention to foreclose is an early warning, not a final judgment or a sheriff’s sale. If you receive one for a New Jersey home, the dates, the amount claimed, and the identity of the lender deserve immediate
Fazzio Law Offices
Fazzio Law Offices is a legal practice that provides representation and advice primarily in areas related to real estate law, foreclosure defense, loan modifications, and tax disputes. The firm assists clients in navigating complex legal processes such as foreclosure timelines, answering foreclosure complaints, and negotiating loan modifications. It also represents nonprofit organizations in tax exemption cases and offers guidance on drafting hardship letters for mortgage loan modifications. The content published by Fazzio Law Offices focuses on practical legal information and procedural guidance relevant to homeowners, nonprofit entities, and individuals facing financial and property-related legal challenges.
Website:
https://fazziolaw.com
Latest from Fazzio Law Offices - Page 2
New Jersey Tax Sale Certificate Foreclosure: Redemption and Protecting Home Equity
By John Fazzio
A New Jersey tax sale certificate is a lien, not an immediate transfer of your home. But a certificate holder can later ask the Superior Court to cut off the right to redeem. If you have received a tax-sale or…
Your Mortgage Servicer Changed During a New Jersey Foreclosure—What Happens Next?
By John Fazzio
A mortgage-servicing transfer can arrive at the worst possible time: while a New Jersey foreclosure is pending, a sheriff’s sale is approaching, or a loan-modification package is under review. The old portal may stop working. A new company may ask…
Can You Vacate a Foreclosure Default or Final Judgment in New Jersey?
By John Fazzio
A homeowner who missed the 35-day Answer period may discover the problem only after receiving a default notice, final judgment, writ of execution, or sheriff’s-sale notice. New Jersey procedure permits courts to set aside defaults and judgments in appropriate cases,…
The New Jersey Foreclosure Process and Timeline
By John Fazzio
Short answer: New Jersey uses a judicial foreclosure process, meaning a mortgage lender generally must file a court case before it can sell a home. The process commonly begins with missed payments and a Notice of Intention to Foreclose, followed…
Condominium and HOA Liens During a New Jersey Mortgage Foreclosure
By John Fazzio
A New Jersey homeowner can face two foreclosure problems at once: a lender seeking to enforce a mortgage and a condominium or homeowners’ association seeking unpaid assessments. The cases may involve the same property, but they arise from different obligations,…
New Jersey’s Vacant-Property Foreclosure Fast Track: What Homeowners Should Know
By John Fazzio
A drive-by inspection, overgrown lawn, disconnected utility, or pile of uncollected mail can become more than a property-maintenance issue when a mortgage is in default. In New Jersey, a lender may ask the court to use a streamlined foreclosure procedure…
Force-Placed Insurance and Escrow Shortages in New Jersey Foreclosure
By John Fazzio
Short answer: A mortgage servicer may obtain force-placed hazard insurance when it has a reasonable basis to believe required coverage lapsed, but federal rules govern the notices, timing, charges, cancellation and refunds. If the homeowner proves compliant coverage overlapped, the…
Short Sale vs. Deed in Lieu of Foreclosure in New Jersey
By John Fazzio
Short answer: A short sale transfers a New Jersey home to a third-party buyer for less than the mortgage balance after the lender or servicer agrees to release its lien. A deed in lieu transfers the homeowner’s interest directly to…
Who Has Standing to Foreclose in New Jersey When Your Mortgage Has Changed Hands?
By John Fazzio
Short answer: A mortgage loan can be sold or transferred, and the name on a foreclosure complaint may differ from the original lender. That difference alone does not defeat the case. The question is whether the plaintiff had a legally…