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Hoboken Distressed Properties

By
Real Estate Agent with Sothbey's International Realty
In a recent study by Lender Processing Services (LPS), 6.38 million people were at least 30 days late on their mortgage payments. According to online data tracker RealtyTrac, Hoboken shows to have 72 properties that fall within this pre-foreclosure status. Additionally, there are 14 bank-owned properties and 5 sheriff sales in town.
 
I've placed a free list of the most common alternatives to foreclosures that homeowners can take advantage of to get back on the path to financial stability on my website:
 
 
The sooner one begins the process of developing a strategy, the better the chances one can avoid foreclosure.
 
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Edward Perez, Broker Associate
NJ Luxury Group at Sotheby's International Realty
201.344.2886 mobile
edward@NJLuxuryGroup.com

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