By Robyn Latman, Esq. Your tenant owes you rent for several months, so why does he expect you to make repairs? While most Landlords prefer to maintain their investments in a state of repair, it may be the case with some Landlords that they prefer to first make repairs for the tenants who pay the… Read more »
Monthly Archives: July 2014
Short-sale Auctions
The Short Sale Process in NJ Has Changed Over the past several years the short-sale process has changed; sometimes for the better and sometimes for the worse. These changes generally (i) involved the short-sale seller, short-sale lienholder, and the short-sale contractual purchaser and (ii) pertained to documents that needed to be provided by the short-sale… Read more »
Failure to Extend the Mortgage Forgiveness Debt Relief Act and its effect on Short-Sales
As written before on this blog, one of the prime benefits of a person selling his/her home via short-sale, as opposed to letting his/her home be sold via sheriff’s sale, is that more often than not the outstanding balance owed to the primary mortgage holder after the short-sale has taken place would be forgiven. Of… Read more »
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