NJSHORTSALECENTRAL.COM

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Get Started

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What is a Short Sale? Please let us know your name. Best number to contact you (*). Please let us know your email address. Are property taxes included in your mortgage payment? PLEASE NOTE THAT IF A PROPERTY IS VACANT OR ABANDONED THAT THE LENDER HAS THE RIGHT TO CHANGE THE LOCKS AND/OR WINTERIZE THE PROPERTY. Is the property listed for sale? Please provide information as it appears on the Deed and Mortgage. First Name, Middle Initial (*). Name of Lender (*). Approximate balance on this loan (*) (*).

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What is a Short Sale?

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What is a Short Sale? What is a Short Sale? What Exactly is a Short Sale in New Jersey and Why Might You Want One? You will need lender approval to do a mortgage short sale in New Jersey. Once you have approval of a NJ short sale, we can help list the property for sale. Keep in mind that when the fair market value of the property is higher than the mortgage owed, there will be no excess funds from the sale of the home. Once a contract for sale of the property has been created, we can begin negotiations.

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Tips For Buyers

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What is a Short Sale? Tips For Short Sale Buyers. Sommer Law is fully prepared to handle your short sale purchase. As a buyer who has now ventured into the short sale market, there are several consistent patterns that you must be aware of. Purchasing a short sale can translate into big savings for you, but you must be prepared for how these transactions work. Our attorneys are experienced in short sale purchases and will guide you through the entire process. THE KEY WORD IS PATIENCE! You should get a pre...

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About Us

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What is a Short Sale? About The Sommer Law Firm. SOMMER LAW FIRM provides high quality, affordable real estate legal services in New Jersey to clients who are buying, selling, leasing, or refinancing residential and commercial real estate. Real estate laws can be confusing and difficult to navigate without an experienced New Jersey real estate attorney to help you avoid any pitfalls or complications. We handle all aspects of New Jersey real estate and property law including but not limited to:. Outside o...

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About Short Sales

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What is a Short Sale? The following is a typical short sale scenario:. The Homeowners find themselves in financial trouble due to loss of job, reduced income, medical crisis, divorce or separation, high credit card debt, etc. The Homeowners default on their mortgage and start receiving notices from their lender demanding payment and threatening foreclosure. The Homeowners panic. They are stressed out, cannot sleep and have no knowledge of what to do or who to turn to. The time frame for short sale approv...

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Other Property Issues

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What is a Short Sale? Whether you are an experienced property owner or are new to the real estate world, it can be difficult to handle all the property issues that can come up on your own. When a real estate matter threatens to affect your property, investment, or home and all that you have put into it, we are ready to assist you immediately. We have experience handling the following issues relating to property:. Property and Boundary Disputes. Land Use and Zoning. Claims for Damage to Property.

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Short Sale Proceedure

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What is a Short Sale? The following is a typical short sale scenario:. The Homeowners find themselves in financial trouble due to loss of job, reduced income, medical crisis, divorce or separation, high credit card debt, etc. The Homeowners default on their mortgage and start receiving notices from their lender demanding payment and threatening foreclosure. The Homeowners panic. They are stressed out, cannot sleep and have no knowledge of what to do or who to turn to. The time frame for short sale approv...