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Avoid Foreclosure in New Jersey: Understanding the Process and How to Stop It

Updated: Aug 13, 2023

Foreclosure can be a daunting and stressful experience for homeowners in New Jersey. Losing your home can have far-reaching consequences on your credit and future financial stability. But did you know there's a way to avoid foreclosure and sell your house fast for a fair price? In this blog post, we'll explore the New Jersey foreclosure process, and how can help you avoid all the hassle and get a no-fee cash offer for your home.

  1. Understanding the New Jersey Foreclosure Process

The foreclosure process in New Jersey is a judicial one, meaning that it goes through the court system. Here's a step-by-step breakdown of the process:

a. Notice of Intent to Foreclose: Your lender will send you a Notice of Intent to Foreclose (NOI) at least 30 days before starting the foreclosure process. The notice provides information about the missed payments and gives you an opportunity to cure the default.

b. Complaint and Summons: If you fail to cure the default, your lender will file a complaint with the court and serve you with a summons. You have 35 days to respond to the complaint.

c. Judgment and Sheriff's Sale: If you don't respond or lose the case, the court will enter a final judgment of foreclosure. The court will then schedule a Sheriff's Sale, where your property will be auctioned off to the highest bidder.

d. Right to Redeem: In New Jersey, homeowners have the right to redeem their property up to 10 days after the Sheriff's Sale. To do this, you must pay the full amount owed, including interest, fees, and court costs.

e. Eviction: If you don't redeem your property within the 10-day redemption period, the new owner can obtain a Writ of Possession from the court. This allows the local sheriff to evict you from the property.

How Can Help You Avoid Foreclosure

If you're facing foreclosure in New Jersey, is here to help. We specialize in buying homes quickly and for a fair price, allowing you to avoid the foreclosure process altogether. Here's how it works:

a. Contact Us: Reach out to with details about your property. We'll review your situation and offer a no-obligation cash offer for your home.

b. Accept the Offer: If you're happy with our offer, we'll move forward with the purchase process. Since we pay cash, we can close the deal quickly – often within a week

or two, depending on your preferences.

c. Pay Off Your Mortgage: With the cash from the sale, you can pay off your mortgage and avoid foreclosure. This allows you to walk away from the situation with a clean slate and preserves your credit score.

d. Save Time and Money: By selling to, you'll avoid the costly and time-consuming process of a traditional home sale. There's no need to make repairs, stage your home, or pay real estate agent commissions. We buy homes in any condition, so you can sell your house fast without any hassle.

e. Fair Price: We pride ourselves on offering fair prices for the homes we buy. Our goal is to help homeowners avoid foreclosure while still getting a fair price for their property.


Facing foreclosure in New Jersey can be stressful and challenging, but there's hope. By understanding the foreclosure process and working with, you can avoid foreclosure and sell your house fast for a fair price. Don't let the threat of foreclosure control your life – contact us today and let us help you regain your financial freedom.

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