Q: I'm buying a land in NJ but waiting on a mortgage discharge for it+a tax judgement payoff, what does that entail?
The closing for the purchase of this land is on hold because I have to wait for a confirmation of a mortgage discharge and a tax judgement payoff, it is taking very long and the seller's attorney is of no help.
A: The seller's attorney does not represent you. Any time, prior to purchasing a foreclosure, you need to retain an experienced mortgage foreclosure defense attorney, who will have the expertise to help you avoid problems with foreclosed properties, which can have devastating financial consequences for the uneducated and unprepared. Good luck.
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