3 Things Homeowners Should Avoid when Doing a Short Sale in New Jersey.
Short sale can prevent from having your home foreclosed and you from undergoing bankruptcy. Your bank or mortgage lender must approve the short sale. Once you decided to go this route, here are some things to bear in mind:
1. Do not use your retirement funds, since these are protected in bankruptcy proceedings.
2. Hold off selling other properties until short sale is completed.
3. Minimize deposits and withdrawals from your bank accounts.
If you need to sell a property in New Jersey or New York, we can help you. Connect with us and we can walk through the specific foreclosure process here locally in New Jersey and New York.
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We Help Homeowners, Attorneys and Agents in New Jersey and New York close on their short sales.