Topic
Foreclosures
860 published works
New Jersey Foreclosure Defense Blog
New Jersey Notice of Intention to Foreclose: What to Check and When to Act
By John Fazzio
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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…
New Jersey Foreclosure Defense Blog
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.…
New Jersey Foreclosure Defense Blog
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…