How Long Does the Typical Foreclosure Process Take in New Jersey?
It is difficult to estimate the amount of time that it takes to foreclose on a New Jersey property. All New Jersey foreclosures occur through the court system and the length of the process is in large part dependent on the court schedule and any orders issued by the judge. If a court date can be immediately obtained and there are no delays in the process, a property could be foreclosed in as little as 3 months. However, some people estimate the time to be closer to 6 -9 months or even longer in complex cases.
Additional Foreclosure Articles
- Does New Jersey Law Allow for a Redemption Period After a Foreclosure?
- Where and When do Foreclosure Sales Take Place in New Jersey?
- What Public Notice Requirements are There for a Real Estate Foreclosure in New Jersey?
- Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in New Jersey?
- How Can a Lender Foreclose on a Property in New Jersey?
- Can I Keep My Home If I File Bankruptcy in New Jersey?
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