If your credit score is 580+ I could possibly find you a lender. There are a lot of factors which ultimately contribute to qualifying you so please contact me at your earliest convenience. I'm from Fort Lee myself so I'm extremely familiar with the area.
(551) 486-0243... more
Buying property that's in preforeclosure or is bank owned (so it has been through the foreclosure process) presents some additional challenges to the purchaser's attorney. First of all, the seller's attorney is probably going to be a high volume law firm so that any proposed changes by the buyer might be initially rejected but if done with some diplomacy may be accepted. The seller, if a bank, will also likely have a boilerplate, rider which i've felt was unduly harsh and very unfair to buyers, however, if explained to the client, and the client feels he or she can live with the risk (because of the substantial savings sometimes seen) then we move on and proceed with the deal. Secondly, if it's bank owned, a buyer's attorney must carefully review what's called the chancery abstract in new jersey. It's a transcript and summary of the foreclosure legal documents, it shows amongst other things, who was served and when and it demonstrates whether there were any irregularites with the foreclosure. If there are any issues, then cancelling the deal may be the buyers best bet. Granted, there are rarely issues, but they do come up every so often.
*Please note that this is general information only, and not to be construed as legal advice, if you would like a consultation please feel free to call and make an appointment"
Law Offices of Chang & Scolavino, LLC
Paterson and Freehold, New Jersey
"Criminal, Real Estate, Litigation and Immigration Law"
"Somos abogados hispanos y entendemos sus problemas"
Casos Criminal, Preso, Dwi, conducir borracho, asalto, suspendida, sin licencia, conducta desordenada, Inmigracion, Immigration, Real Estate Tickets, Speeding, Suspended license, distribucion de Drogas, conducir sin seguro, violencia domestica, Drugs, Citizenship, Resident alien, Green card, Asylum Deportation, ofensas de robo... more