How to Navigate the Bumpy Road of Foreclosures
Real Estate Forum
September 30, 2011
The article sets forth potential issues and procedural pitfalls of foreclosure sales in New Jersey. It explains obligations of the lender and options for the buyer in the context of the Fair Foreclosure Act. It describes different protections for foreclosure lenders. It also reviews financial obligations in the credit bidding process and the costs that buyers and lenders should expect.