In New Jersey, a lender must send a at least 30 days before filing a formal complaint. This is the "pre-foreclosure" sweet spot where you are dealing directly with the homeowner, not the bank.
How to Buy a Pre-Foreclosure Home in New Jersey | Florostone Realty how to buy a pre foreclosure in nj
You aren't just buying a house; you’re helping someone avoid a credit-destroying foreclosure. In New Jersey, a lender must send a
Your goal is to pay off their existing loan balance and any late fees (the "reinstatement amount"). 3. Conduct "Distressed" Due Diligence In New Jersey