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Foreclosure in Toms River : Real Estate Advice

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  • Local Info20
  • Home Buying77
  • Home Selling11
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Activity 5
Thu Sep 24, 2015
thinz answered:
Teresa,
I would not worry...as long as your income and job are steady you should have no problem. Many folks are in the same situation so renting is a big deal for the landlords and the tenants. You may be asked to provide a monthly budget disclosure of your income and expenses to make sure you can afford the rental. That is reasonable and needed to compare your rental payment with your previous mortgage payments that you had trouble paying. Tom Hinz www.shortsaletosell.com ... more
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Fri Jul 4, 2014
Ronald Shaffery answered:
Hi Rob,

The cash in lieu is an option for the banks to avoid paying their lawyers for the foreclosure process. There are different strategies we can go with deppending on the stage of the foreclosure, Since you are in Toms River, I can get you all the information if you want to send me the address of the home you are thinking of buying. Thanks abd enjoy the holiday. ... more
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Mon Oct 1, 2012
Diane Glander answered:
If you are even thinking short sale, you need to contact your bank immediately and see if you qualify. Not all sellers do. Banks are foreclosing on properties much quicker than they were even 2 years ago. Start the process now. If you don't follow the instructions/guidelines for the short sale the bank will inevitably foreclose anyway, if you are not paying your mortgage. ... more
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