We know how tempting it is to not respond to the NOI from your lender but that’s actually one of the worst things you can do in this situation. One of the first things we always recommend to our clients is to answer the initial Notice of Intent (NOI) to foreclose. As one of New Jersey’s trusted foreclosure defense law firms, Denbeaux & Denbeaux has a thorough understanding of the foreclosure process and years of experience helping homeowners save their homes from foreclosure. The New Jersey foreclosure process can be long and complicated, especially for someone who has no experience dealing with foreclosures.
#Sell your foreclosed home free
Knowing which option is best for you and your situation can be tricky but not impossible – keep reading to find out how.Īnd if you’d like to cut straight to the chase to find out your options in your situation, be sure to schedule a free consultation with our foreclosure attorneys. So yes, selling your home during foreclosure can be done but it’s not the only option that you have, especially if you want to keep your home or stop foreclosure all together.
In some situations, lenders have the ability to get a court ordered deficiency judgment, which forces the homeowner to keep making payments on their loan even after their home has been sold. If you’re struggling with being months behind on your mortgage and are dealing with a long term financial hardship rather than a short term setback, selling your home may be the best option for you and your situation.īut before you decide to go list your home today, there are a few more things you need to understand about foreclosure and what effect selling your home may have on your finances.Īdditionally, some homeowners believe that their foreclosure ends once their house has been sold, but that isn’t always the case.
The simple answer is yes, if you’re a New Jersey homeowner you can sell your home even during foreclosure.
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