Legal Question in Real Estate Law in New Jersey
Forclosure
I would like to know if I can sell my house through a realitor even though forclosure has began. I want to avoid the imbarrasment and I will profit in the end and have a sum of cash that I can get my family another house or have the means for atleast a rental.
I'm really conserned/worried about how fast they can evict me. Please anwser my quetion as fast as possible for you see the time limit I'm in.
Thank you and God Bless you
2 Answers from Attorneys
Re: Forclosure
Yes. It will take about 6-9months from the time you are served with a complaint for foreclosure. If you contact the bank with a listing agreement, they may give you more time.
Re: Forclosure
You not only can but the mortgage co. will love you for it. I have even had mortgage companies hold off on foreclosure sales once I got a client a binding agreement of sale. The lender doesn't want your house, it wants its money so they will work with you if you act fast and find a buyer soon.
Good luck.
Dale Lundquist
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