When Paying the Mortgage is a Struggle

The possibility of losing your home because you can’t make the mortgage payments can be terrifying. Perhaps you’re having trouble making ends meet because you or a family member lost a job, or you’re having other financial problems. Or maybe you’re one of the many consumers who took out a mortgage that had a fixed … Continued

How to Help Overcome Financial Problems

For many Americans, financial concerns are their number-one stress point. That’s understandable given the current economic climate, but it’s more important to remember that worry doesn’t solve much—taking control of your finances, however, does. The monetary benefits of dealing with financial problems—saving more, paying down expensive debt—will improve not just your bottom line but your … Continued

Avoiding Foreclosure -Gov’t Sourced Data

The Obama Administration has implemented a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. Th e majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs. Please continue reading in order … Continued

How to Prepare a Hardship Letter for a Mortgage Lender

When applying for a home loan modification, a key component of the application is the hardship letter, the homeowners’ description of the financial setbacks they’ve experienced that resulted in their inability to pay their monthly mortgage. Recognizing eligible hardships Not everything qualifies as a bona fide financial hardship. You need to prove that you experienced … Continued


During the home search process, first time home buyers and real estate investors should keep an observant eye out for the signs of potentially costly home repairs. In fact, one of the following expensive home repairs can make the difference between a great deal and a loss. Oftentimes, prospective home buyers decide relatively quickly whether … Continued

New Jersey Inheritance Tax

New Jersey is one of only a few states that impose both an inheritance tax and a state estate tax. The inheritance tax is applies when someone who lived in New Jersey, or owned property there, leaves property to someone who isn’t a close relative. The tax rate depends on how closely the inheritors and … Continued

New Jersey eviction process

What’s the deal with evictions in New Jersey? It may be wishful thinking to assume that every new tenant is ideal, paying on time and causing no damages or problems. Unfortunately, a landlord may encounter a situation where it’s necessary to evict a tenant in New Jersey. In New Jersey, a landlord must have one … Continued

Why are all my Tenants Deadbeats? How to Find Good Tenants!

Owning and managing rental properties can be very profitable.   As a rental property investor/owner, you may find yourself dealing one-on-one with tenants.  Make sure you handle these encounters as business transactions, and don’t let your emotions, or your desire to fill a unit, prevent you from making sound business choices.  As you begin your hunt … Continued