Facing Foreclosure in New Jersey? There Are More Options Than Your Bank Is Telling You.
Most homeowners wait too long because they feel ashamed or aren't sure who to trust. And if you have equity in your home, a sheriff sale is the worst possible way to lose it. A free, confidential conversation can open doors you didn't know existed — even if you've already received a notice.
Jose Fernandez
Partner, The Borrero Group at RE/MAX · $60M+ Sold Every Year
I specialize in helping NJ homeowners navigate foreclosure before it damages their credit or their family. I've worked through this with hundreds of families — and I've never judged a single one.
Whether the solution is a short sale, a quick market listing, or negotiating with your lender, I'll help you understand every option clearly so you can make the best decision for your situation.
Prefer to call? (973) 384-1054 · or message me privately on Facebook
Talk to Jose — Free & Confidential
Tell me where things stand and I'll help you understand your options.
The earlier you reach out, the more options you have
New Jersey foreclosure typically takes 12–18 months from first missed payment. Even if you've already received a notice, a short sale, loan modification, or quick market sale may still be on the table. Time matters — but you likely have more of it than you think.
Where Are You in the Process?
New Jersey foreclosure moves in stages, and your stage determines your options — not the scary letters. Find yourself below:
1Missed payments
You've fallen behind, but the bank hasn't filed anything yet. This is where you have the most room to move.
Still open: loan modification, refinance, market sale, cash sale — everything.
2Notice of Intention to Foreclose
NJ law requires this letter at least 30 days before the bank can file. It feels final — it isn't. Nothing has been filed in court yet.
Still open: modification, reinstatement, short sale, market sale, cash sale.
3Lis pendens / foreclosure complaint filed
The bank has started the court process. NJ courts move slowly — this stage alone often takes many months, and you can keep living in the home.
Still open: short sale, market sale, cash sale, and often still a modification.
4Judgment & sheriff sale scheduled
Even now it's not over. NJ allows adjournments of the sheriff sale, and you have a right of redemption. But every option from here requires moving fast.
Still open: fast cash sale, adjournment requests, redemption — call me today, not this week.
Wherever you are, there's a move available — the only losing move is waiting.
Your Options
- →Quick Market Sale: If you have equity, this is usually the strongest play: a sheriff sale is the worst possible way to give up equity you spent years building. Selling at market value pays off the mortgage, protects what's yours, and you walk away clean.
- →Sell Fast to a Vetted Cash Buyer: When the clock is the problem, I bring my own list of vetted cash buyers who pay fair market value — not the lowball 'we buy houses' numbers. Closings in as little as 2–3 weeks, fast enough to stop a sale date.
- →Short Sale: If you owe more than the home is worth, selling with lender approval often protects your credit far better than a completed foreclosure — and lenders approve them because it costs them less too.
- →Loan Modification: Restructure the payments with your lender and keep the home — sometimes possible even after a default notice. I'll help you understand whether your numbers realistically support it.
- →Deed in Lieu: Transfer the property directly to the lender to avoid the full foreclosure process. A last resort — but still better than a foreclosure judgment on your record.
How to Know You're Dealing With a Professional
Homeowners in foreclosure get targeted by “rescue” scams — and you should be suspicious of anyone who contacts you. Here's how legitimate help looks:
- ✓I'm a licensed NJ real estate agent with RE/MAX — my license, my team, and 15 years of sales are all public record you can verify on Zillow and RE/MAX before we ever speak.
- ✓You will never pay me an upfront fee. Not for the consultation, not for the analysis, not for anything. Anyone who asks for money up front to "save your home" is running a scam.
- ✓I will never ask you to sign your deed over, sign blank documents, or make your mortgage payments to anyone other than your lender — those are the classic rescue scams NJ officials warn about.
- ✓Every decision stays yours. My job is to lay out the real options with real numbers; you choose. No pressure, and no judgment — I've helped hundreds of NJ families through this.
NJ License #1430283 · The Borrero Group at RE/MAX
Common Questions
Is it too late if I've already received a foreclosure notice?
Not necessarily. New Jersey foreclosure is a slow process — it often takes over a year from first missed payment to a sheriff sale. Even after receiving a notice, short sales and other options may still be available. The key is acting now rather than waiting.
Will I lose the equity in my home?
Only if the process runs all the way to a sheriff sale — that's where equity gets destroyed by fees, interest, and below-market bidding. If you have equity today, selling before the sale date protects it. That's the single biggest reason not to wait.
What does your help cost me?
Nothing upfront — ever. If we sell the home, I'm paid a commission from the sale like any listing, and in a short sale the lender typically covers it. If the best answer for you is a loan modification and you keep the home, you owe me nothing.
Will talking to a real estate agent hurt my foreclosure case?
No. A free consultation is just information — you're not committing to anything. Understanding your options early gives you more power, not less.
What if I owe more than the home is worth?
A short sale may be your best path. Lenders often approve them because they prefer recovering partial payment over absorbing the full cost of a lengthy foreclosure. I've negotiated short sales with NJ lenders many times.
Is this conversation completely confidential?
Yes. Everything you share with me stays between us. I understand this is a sensitive situation and discretion is something I take seriously with every client.
Watch: What NJ Homeowners Need to Know About Foreclosure
How I Can Help
- →Reviewing your situation and explaining your real options — in plain language
- →Communicating directly with your lender on short sales and modifications
- →Managing timelines so you don't accidentally miss a window
- →Pricing and listing your home fast if a quick market sale is your best path
Foreclosure Guides for NJ Homeowners
Want to understand the process in more depth before reaching out? These guides cover the questions I hear most:
How to Stop a Sheriff Sale in NJ
Adjournments, redemption, and selling before the date — what still works.
Can I Sell My House During Foreclosure?
Yes — and if you have equity, it's usually the smartest move. Here's how.
The NJ Foreclosure Timeline, Step by Step
How long the process really takes and what happens at each stage.
Facing Foreclosure in NJ? Your Options
Every path available to you, explained in plain language.
Short Sale vs. Foreclosure
What each one does to your credit, your equity, and your future.
What Is a Lis Pendens in New Jersey?
What that court filing actually means — and what it doesn't.
The Team Behind Your Sale
Eight of us, one process — NJ Realtors® Circle of Excellence Platinum performance every year since 2017.
Every Day Matters — Let's Talk Today
Free, confidential, no pressure. Just an honest conversation about where you stand and what you can do.