Merydith Endelman's (merydithendelman) Blog

Morris County NJ – Many home buyers think that the short sale lender is in charge during a short sale. Nothing could be further from the truth. The short sale lender can only veto short sale offers. They can’t put the property up for sale or decide who to sell it to. Only the home owner can do t...

Morris County NJ – A home owner thinking of a short sale recently asked us why they should short sale versus just walking away and letting their lender foreclose on the home. We gave them the normal answer: “It’s much better for your credit.” That was the first thing that popped into our head. B...

Morris County NJ – The following is an excerpt from a  recently ran article about loan modifications: “Many people who sought help under a federal program created to keep them from losing their homes are instead getting saddled with huge, unexpected bills. Thousands now face a stark choice: Go d...

         Morris County NJ – If you are selling your home, then ask the buyer to write a letter about why they want to purchase the home. If you are a buyer, then write that letter. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The listing agent w...

Morris County NJ – We often get asked that question. Some people think that since they are walking away from a large upside down mortgage, then the bank won’t approve it. That usually isn’t true. I wanted to put together a few examples of people the Stop Foreclosure Institute has helped with a s...

It is that time of the year.  When all of our hard earned cash goes into the hands of the government.  Well, I sat down and thought it would be good to share some of my idea's on how to save big bucks pre-tax.  The average Real Estate Agent gets clobbered each year with taxes. The reason is as a ...

Morris County NJ - The Stop Foreclosure Institute recently received a question from Phil. Here is Phil's Question. "I am a New Jersey Resident but have 3 distressed Florida Properties pending foreclosure. Under Florida law a creditor cannot garnish wages. Will the investor pursue the deficiency? ...

You would think the answer to this question is quite obvious.  But keep reading and you will see that we are not talking about the typical short sale - homeowner in distress, has defaulted, upside down and ultimately short sale.  Morris County NJ – The Stop Foreclosure Institute recently received...

Believe it or not, people do ask this frequently.  If you do your share of short sales then I'm sure you have heard this question before.  Here is my latest blog....   Morris County NJ – The Stop Foreclosure Institute recently received a question from Mau.Here is Mau's Question. "Is it legal for ...

It always helps to inform what will happen in the New Year by looking back on what happened in the old year.  Here were the top 5 real estate news headlines of 2010: 1. Major servicers caught in foreclosure documentation scandal.  In a June 7, 2010 deposition for a Maine foreclosure proceeding Al...