My name is Veer Patel. I’m. The managing partner of a medium-sized law firm in New Jersey that I founded with classmates shortly after leaving law school, I cut my teeth in foreclosure, I’ve been defending families for years, protecting them every step of the way from the trial level to The appellate court buying time keeping them in their homes and stabilizing their future.
7 Steps to Buying a Foreclosure in NJ Related to Covid 19 Pandemic – Video 2 of 16 – Link
7 Steps to Buying Foreclosure Property in NJ Understanding Lien Priority – Video 7 of 16 – Link
I throw wrenches into the bank’s, foreclosure engine, it’s. Bankruptcy is another piece that my partner, Derek, and Jason handle real estate transactions, and probate is done by my partner Lazaro.
The four of us have put together this curriculum from our knowledge, on the other side, on how to buy foreclosure properties and take precautions. So you, don’t, make a life-changing mistake or at least mitigate any mistakes that are made.
Banks and sellers want as much as possible for their assets as a foreclosure defense attorney. I do not represent banks, as our firms virtually conflicted out from taking most lenders. However, after years of poking holes in the prosecution of foreclosure cases, my team and I have the knowledge to assist you in making a safer and wiser decision when purchasing a foreclosure in new jersey.
It’s, important to note that purchasing a foreclosure has its risks. The risks involved may be greater, depending on which way you purchase your foreclosed property. There are three main ways to do this in new jersey and each has its own challenges.
Obstacles potentials for failure and, of course, its reward in other states. The foreclosure process is governed by local state laws, not federal. Therefore, each state has its own unique system for dealing with foreclosures an understanding of the New York, Texas California, Florida systems does not necessarily translate to new jersey. I got the idea of doing this program well because I’ve, been teaching this information to my clients. For years now I’m, going to break down what my team – and I know so you can have the resources, knowledge, and guts to buy.
Now, this is an attorney disclaimer. I’m just going to put out there because I have to and it’s. The responsible thing to do this is not legal advice on how or what you should buy. This is a class discussing what we have learned as lawyers and it’s up to you to seek your own counsel before you make the decisions you make now.
There are inherent risks in investing, and you should be aware that purchasing foreclosures in New Jersey come with its risks. You should always seek counsel from an attorney qualified to provide you with legal information relevant to your situation.
Should you require advice thanks?