What is a Judicial Foreclosure?

A judicial foreclosure type of foreclosure that goes through the court system. The lender must file a lawsuit against the borrower and obtain a court order before they can sell the property. In the state of New Jersey, this is how foreclosures are done.

Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com

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What is a Judgment?

A judgment is a court order that requires a person to pay a debt. If a judgment is placed against a property owner, it can become a lien on the property, which means that the creditor can force the sale of the property to satisfy the debt.

Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com

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Virtual or In-Person Real Estate Pre-Licensing Class: April 1st - 19th, 2024

Students now have the options to choose between in-person OR virtual/remote for our upcoming pre-licensing course running from April 1-19, 2024.

You can register here: tocrres.com/register

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