Legal Question in Real Estate Law in New Jersey
first mortgage up to date took out 125,00
second mortgage is behind 17,000 the loan is 70,000 can they forclose on my house my house is valued at 390.000
Asked on 1/22/12, 4:06 pm
2 Answers from Attorneys
Larry Raiken
Larry S Raiken LLC
Yes they can foreclose. I would suggest that you retain me to represent you to see if we can save your home.
Answered on 1/23/12, 8:03 am
Walter LeVine
Walter D. LeVine, Esq.
I agree, but they would be required to see first mortgage is paid. Is it possible to do a new mortgagte for both amounts?
Answered on 1/23/12, 8:34 am
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