This package provides many different tools for a homeowner to prevent foreclosure of a home. The forms cover various means to obtain assistance at all stages of the foreclosure process. Purchase of this package is a savings of 63% over purchase of the forms individually! Included in this package are the following forms:
1. Letter to Lender for Produce the Note Request
2. Offer by Borrower of Deed in Lieu of Foreclosure
3. Motion to Dismiss Foreclosure Action and Notice of Motion
4. Petition or Complaint to Enjoin Nonjudicial Foreclosure Sale and for Declaratory Relief
5. Petition to Enjoin Foreclosure Sale and Seeking Ascertainment of Amount Owed on Note and Deed of Trust
6. Qualified Written RESPA Request to Dispute or Validate Debt
7. Request to Lender or Loan Servicer for Loan Modification Due to Financial Hardship - Requesting Change to Fixed Rate of Interest of Adjustable Rate
8. Hardship Letter to Mortgagor or Lender to Prevent Foreclosure
9. Sample Letter for Short Sale Request to Lender
10. MHA Request for Short Sale
The New Jersey Home Foreclosure Prevention Package is a comprehensive set of measures designed to assist homeowners in the state facing foreclosure and to prevent the loss of their homes. It encompasses various programs, resources, and strategies to provide support and guidance throughout the foreclosure process. One of the key components of the New Jersey Home Foreclosure Prevention Package is the Mortgage Assistance Program (MAP). This program offers financial assistance to eligible homeowners who are struggling with mortgage payments due to unemployment, underemployment, or other unavoidable circumstances. Through MAP, homeowners may receive funds to help cover their mortgage payments and reduce the risk of foreclosure. Another crucial element within the New Jersey Home Foreclosure Prevention Package is the Foreclosure Mediation Program. This program aims to facilitate communication and negotiation between homeowners and lenders, providing an opportunity for them to reach a mutually beneficial resolution. Trained mediators work with both parties to explore alternatives to foreclosure and find sustainable solutions to ensure homeownership is preserved whenever possible. Furthermore, the New Jersey Home Foreclosure Prevention Package includes initiatives like the Homeownership Preservation Initiative (HOPI) and the Keep Your Home New Jersey program. These initiatives provide additional resources, education, counseling services, and guidance to homeowners at risk of foreclosure. They seek to empower homeowners by offering professional advice and assistance in navigating the complexities of foreclosure and exploring available options. The objective of the New Jersey Home Foreclosure Prevention Package is to address the foreclosure crisis by offering comprehensive support to homeowners and promoting stability within communities. It recognizes that foreclosure not only impacts individual homeowners but also affects the overall economic well-being of the state. In summary, the New Jersey Home Foreclosure Prevention Package is a multi-faceted approach to protect homeowners from foreclosure. With programs like the Mortgage Assistance Program, Foreclosure Mediation Program, Homeownership Preservation Initiative, and Keep Your Home New Jersey, it offers a range of resources and assistance to homeowners, helping them navigate through challenging times and ultimately preserving their homes.
