Foreclosure Help New Jersey
The state is starting to pass out money more quickly and working out some of the earlier kinks in a mortgage aid program designed to help families who fell behind on their home loans, property taxes, homeowner’s insurance and HOA fees during the coronavirus pandemic. Families that qualify can receive up to $35,000 in assistance to help pay these expenses. Source https://www.sellmyphillyhouse.com/selling-a-house-in-foreclosure-new-jersey/
In addition, there is a foreclosure prevention mediation program. If you are in danger of a sheriff sale, you can apply for this and it should be flagged for priority review. The application can be found here. In order to qualify, you must own and occupy the property as your primary residence, and the annual household income cannot exceed 150% of the area median income.
Foreclosure Help in New Jersey: Options and Resources
If you are in danger of a sheriff’s sale, it is important to contact an experienced NJ foreclosure defense attorney. A lawyer can file a bankruptcy that will put a hold on the foreclosure case and any scheduled sheriff’s sale, giving you more time to explore other options to save your home.
Also, homeowners are often misled by companies that promise to get them a loan modification or help stop the foreclosure process. In most cases, these companies are not qualified and can actually do more harm than good. It is important to speak with an experienced foreclosure defense attorney to understand your options and help you avoid falling prey to these scams.