Need a Short Sale Specialist REALTOR® in New Jersey?
FREE Expert Short Sales Help and services!

• What is a Short Sale?

A short sale is a term used to describe a transaction in Real Estate when a lender or lenders accept a lower payoff amount than what is owed on a property, in order to avoid a costly foreclosure procedure and further loss.  The word "Short" certainly doesn't refer to the time period in which they take to conclude.  Short sales are the best way for homeowners to avoid foreclosure and still be able to pay off their loans by settling with their lenders for a reduced amount.

• What does it take to qualify for a Short Sale?

The primary qualifications for a short sale are just that the borrower show that they are in a difficult financial situation, and are in a position where they MUST sell their home.  A financial hardship can include a loss of employment or reduction in income, divorce, increased medical expenses or illness in family, relocation/job transfer, poor condition of property without resources to make repairs, or even vacant rental properties.  

 

 

Lets talk about solutions!

If you are in financial hardship, and owe more than the value of your New Jersey Home, our team of State licensed and regulated Realtors® and Short Sale Specialists will guide you through the process, market and help find a buyer for your property, and work with your lender to negotiate a short sale on your home.

The best part is that our services in a short sale are at no cost to you!  ALL traditional sellers closing costs, including the real estate brokerage fees are paid for by your lender!

 CLICK HERE for a free consultation with a Short Sale Specialist Realtor®

CLICK HERE for our Question and Answer Page

or give us a call at (877)737-4903

Mike Linkenauger Team

 

  

Don't trust your financial future to just any real estate agent, short sales are not part of the Realtor® "Basic Training"! Contact me and my team to speak to a local short sale expert who knows how to get the job done!

Remember, ALL costs are paid by your lender!

Questions? CLICK HERE

 

Anywhere your home is in New Jersey, our short sale experts are here to offer services at no cost to you!

 

 

We also offer free Pre Foreclosure Help for your New Jersey Home, Condominiums, Properties and Real Estate. 

     Are you in Foreclosure proceedings?  Maybe you were served by a process server, with a "Lis Pindens", also known as a notice of intent to foreclose?  The notice likely gave you a time period to respond to give a legal response.  There still should be time, but action must be taken right away.

    In New Jersey, the Foreclosure process is very time consuming, and New Jersey has one of the longest wait periods once a Lis Pindens is served.  While it is never a good idea to take court and foreclosure proceedings lightly, there are many ways our local short sale experts utilize to help push the foreclosure process off while Mitigating the short sale of your New Jersey Home, condominium or property.  It is a fact that most lenders will halt the foreclosure proceedings at least once to consider a short sale offer on your property.  There are many tactics our agents and attorneys can employ to Stop Foreclosure of your New Jersey Homes.

     Our Realtors offer short sale services and pre foreclosure help at no cost to you.  Our team of short sale experts can help avoid New Jersey Foreclosure with a short sale on your home.  In 2007, Congress passed the Mortgage Debt Relief Act, which states that in the event your primary residence is sold as a short sale, you will not be liable to pay taxes on any amount forgiven.  Click Here for more info on the Mortgage Debt Relief Act

     Please note that while we do consult attorneys, we are NOT attorneys and are not a law firm.  We are also not tax advisors or accountants.  Please consult appropriate legal representation in all legal matters.  The information on this site is meant to give a brief overview of very complex process and circumstances that are specific to each individual.  Any solutions or alternatives discussed do not constitute legal advice.

CLICK HERE

Or Call

(877)737-4903

Got Questions? CLICK HERE

On November 30th, 2009, as part of the Making Home Affordable plan, president Obama's administration announced new incentives for lenders in regards to home owners in financial hardship.  The new lender guidelines and incentives are set by the US Treasury.  This new program offers hope to streamline the short sale process, and potentially stabilize the housing market. 

The Home Affordable Foreclosure Alternatives program offers financial incentives for lenders to work short sales or offer Deed-in-Lieu of foreclosure to their borrowers.  Financial incentives for completing short sales or a deed-in-lieu of foreclosure - in which the deed is transferred to the lender - include $1,000 to loan servicers, and a maximum of $1,000 to go to investors who sign off on payments to second position lien holders.  Borrowers would also receive $1,500 in relocation expenses.  This is excellent news for New Jersey home owners in financial hardship.  Give us a call to discuss the specifics of this program, including the $1,500 back for relocation expenses if you do a short sale on your New Jersey home.

Cities Newark NJ Stop Foreclosure Jersey City Short Sale Realtors Paterson New Jersey Short Sale  Elizabeth NJ Stop Foreclosure  Edison NJ Avoid Foreclosure Woodbridge Short Sales Toms River Short Sale Realtors Hamilton NJ Stop Foreclosure Trenton Short Sale Agents Camden Short Sales Clifton New Jersey Short Sales Counties Bergen County NJ Stop Foreclosure Monmouth County Short Sale Ocean County New Jersey Middlesex County Avoid Foreclosure Sussex County NJ Realtors Passaic County Short Sale Help Essex County NJ Stop Foreclosure Union County Short Sale Specialist Morris County Short Sale Experts Somerset County Stop Foreclosure Morris County NJ Short Sales Huntedon County New Jersey Anywhere you are in the state of New Jersey, our short sale experts are at your service! Remember, all costs are paid by your lender!

Bergen County New Jersey Short Sales - FREE Specialist Realtor Help to Short Sale a home in Bergen County NJ! (877)737-4903

Essex County NJ Short Sales - Our agents offer FREE Short Sale Realtor Help for Essex County NJ Home owners in Hardship!

Somerset County New Jersey Short Sale - FREE Expert Help from Short Sale Specialist Realtors in Somerset County.

***First Coast Realty Associates is a licensed Florida Real Estate Brokerage Company.  We are able to receive referral fees in all 50 states.  We have a nationwide network of hundreds of pre screened, experienced Realtors and brokers specializing in short sales who work within our referral network.  All of our agents throughout the country are required to agree to very strict ethical standards, ABOVE the industry standards.  We will discuss your circumstances with you, provide you with a financial worksheet specific to your lender along with a list of required documents, and assign you to a local specialist.  Our local specialists work with your lender for the short sale and as well as perform the duties of a tradition real estate agent.  All closing costs and fees are paid by your lender, period.  First Coast Realty Associates or the Short Sale Specialist Network are NOT licensed to practice law, and are not law firms or accounting firms.  We do not give legal advise.  Consult the appropriate parties in all legal and tax related matters.  If you are looking for short sale training for Realtors, we have an excellent short sale training program and resource website as well.  We have experience working short sales with all major lenders.  Some of our favorite lenders include short sales with Wells Fargo, Litton Loan Servicing, Wachovia as well as Short Sales with GMAC.  While historically they have not been the best lender to work short sales with, we still are very successful working short sales with Bank of America now that they have switched over to the new Equator Short Sale System.