Why are there so many foreclosures in New Jersey?

In this video, I explain why there are so many foreclosures in New Jersey.

Back in 2015 there was an article that New Jersey is the number one foreclosure state in the United States. And it’s because of the backlog of all the foreclosures and banks are starting to foreclose on them. And so I get a lot of homeowners, agents and attorneys coming to me that have a sheriff’s sale in the next month or two, asking if we can do short sale?

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