If you live in Cherry Hill Township and just received a foreclosure notice, it can feel overwhelming — especially when you’ve worked hard to build your home and your credit. The good news? You can sell your house fast while it’s in foreclosure in New Jersey, as long as you act before the sheriff’s sale.
Whether you’re near the Garden State Park area, Kingston Estates, or Barclay Farm, this guide breaks down how New Jersey’s foreclosure process works, what deadlines matter most, and how you can sell your house fast to avoid foreclosure — without losing all your equity.
👉 You don’t have to lose everything in a foreclosure. With the right plan, you can move on your own terms.
Understanding Foreclosure in New Jersey
In New Jersey, every foreclosure goes through the court system because it is a judicial foreclosure state. That process takes time — and that time can work to your advantage if you start early.
- Notice of Intention (NOI): Your lender must send a Notice of Intention 30–180 days before filing a foreclosure case.
- Mediation: You can request Foreclosure Mediation (within 60 days of being served). It doesn’t automatically stop the clock, but it can help you find a solution.
- Sheriff’s Sale & Adjournments: Once a sale is scheduled, you can usually postpone it up to two times (about 30 days each) by request.
- Right of Redemption: You usually have 10 days after the sale to pay off the debt and get the property back, or until the sale is confirmed if you file objections.
👉 Knowing these steps helps you stay ahead of the schedule and gives you time to act before it’s too late.
Can You Sell a House in Foreclosure?
Yes — even in foreclosure, you still own your property until the deed transfers after the sheriff’s sale. That means you can sell your home before foreclosure is finalized — and even prevent long-term credit damage.
Cash home buyers can close quickly, usually in 7 to 10 days, which is great for homeowners who need to sell quickly. Plus, New Jersey’s adjournment rules can give you extra breathing room to finish your sale before the auction date.
Homeowners on Reddit’s r/RealEstateAdvice often say that showing proof of a serious sale effort (like a signed purchase agreement) can make lenders more flexible. Some people say that banks put off or stopped foreclosure when they saw that the seller was really trying to close.
💡 Every day matters, and doing something now could make the difference between selling your home and losing it.
Key Concepts
Before moving on, it’s helpful to know some important words that homeowners often get mixed up:
- Pre-Foreclosure: This is the time between getting the NOI and the case going to court
- Short Sale: Short Sale: Getting your lender’s permission to sell your home for less than what you owe.
- Deficiency Judgment: If the sale doesn’t cover your balance, the lender can sue for the remainder within three months of foreclosure confirmation.
- Realty Transfer Fee (RTF): Paid by the seller when the deed is recorded; from July 2025, higher tiers apply to $1M+ homes.
In Reddit threads about New Jersey foreclosures, several homeowners warned about unexpected water or sewer balances that delayed their closing. These small municipal liens can easily slip through the cracks, especially in townships like Cherry Hill with layered utility billing systems.
🧭 Knowing your financial and legal obligations helps you sell smoothly — and confidently.
Deadlines and What They Mean for Cherry Hill Homeowners
Once the sheriff’s sale is scheduled, the clock starts ticking. Every adjournment you request gives you about 30 more days — and you’re entitled to two. If both the lender and the court agree, total extensions could reach about five months.
In Cherry Hill, sheriff’s sales are typically managed through the Camden County Sheriff’s Office, and sale lists are publicly posted. That means buyers may already be looking at your property — so the earlier you act, the better your negotiating position.
⏳ Use your time wisely — acting early means you control the sale, not the bank.
Communicating with Your Lender
Your lender may be more cooperative than you think. Banks prefer being paid back through a sale rather than dealing with a repossession. If you can show progress — like listing your property or finding a buyer — they may hold off on the sale temporarily.
Homeowners posting on r/RealEstate and r/Homeowners share that lenders often extended sale dates when shown real proof of buyer intent or a title commitment. One user mentioned their bank granted a short delay after seeing the signed offer letter.
💬 Being open and proactive can change your lender from an enemy to a partner, even if it’s only for a short time.
Short Sales vs. Cash Sales
You might want to think about a short sale if your home is worth less than what you owe. But you need the lender’s permission for these, and they can take months—time you might not have.
By contrast, cash sales move fast. There’s no bank involved, no repairs needed, and closing can happen before your sheriff’s sale date.
A Reddit user in a New Jersey thread shared, “I waited for my short sale approval for two months — by the time it came, the auction was already scheduled.” Stories like that show why many homeowners opt for a direct cash sale instead.
🏡 When foreclosure deadlines are closing in, speed isn’t just helpful — it’s essential.
Tips for Cherry Hill Township, NJ Homeowners
- Verify property taxes, sewer balances, and HOA fees before listing.
- Even if you’re selling as-is, you still have to give a Property Condition Disclosure Statement.
- For older homes (pre-1978), include lead-based paint disclosures as required by law.
- Contact the Camden County Sheriff’s Office for sale schedules or adjournment procedures.
On BiggerPockets, New Jersey investors often recommend gathering all payoff statements early — for your mortgage, taxes, and utilities. It not only shortens title processing but can also impress serious buyers.
✅ Preparation and paperwork turn a stressful sale into a smooth one — especially when time is limited.
Key Takeaways
- You can sell your house fast during foreclosure in Cherry Hill Township as long as it closes before the sheriff’s sale is confirmed.
- Your sale proceeds go toward paying off all debts and liens.
- New Jersey requires full seller disclosures and collects the Realty Transfer Fee at closing.
- Taking action early gives you more power and better deals.
- Cash home buyers help you avoid the stress of waiting for lender approval.
🌟 Foreclosure doesn’t erase your power — it’s just a sign to act fast and sell smart.
Sell a House in Foreclosure in Cherry Hill Township, NJ: Frequently Asked Questions
Can I sell my house in foreclosure in Cherry Hill Township, NJ?
Yes, you can sell any time before the sheriff’s sale is confirmed.
Peregrine REI helps homeowners in this situation by providing fast fair cash offer and buying houses as-is. We work with trusted local title companies to close quickly—often before the auction date—so you can avoid foreclosure and protect your equity.
How long does foreclosure take in New Jersey?
Typically 9–12 months, but timing varies by county court backlog and adjournments.
How many payments can I miss before foreclosure starts?
Usually 3–6 months behind triggers an NOI, but lenders differ.
What happens after the sheriff’s sale?
You have 10 days (or until confirmation) to redeem the property.
How many payments can I miss before foreclosure starts?
Usually 3–6 months behind triggers an NOI, but lenders differ.
Can I sell my house to avoid foreclosure?
Absolutely. Selling before auction helps protect your credit and equity.
Peregrine REI specializes in helping homeowners sell their houses fast for cash before foreclosure—handling the process quickly, buying as-is, and working with local title companies so you can close on your terms and move forward with peace of mind
What does pre-foreclosure mean?
It’s the stage between missed payments and the formal court case — still time to act.
Do I have to pay transfer taxes when I sell?
Yes, New Jersey’s Realty Transfer Fee is paid by the seller at recording.
When is it too late to stop foreclosure in New Jersey?
After the 10-day redemption period following the sheriff’s sale.
Who buys houses in foreclosure near Cherry Hill Township, NJ?
Local cash home buyers and investors who can close quickly and without drawing attention to themselves.
Peregrine REI is one of those trusted local cash home buyers—we purchase Cherry Hill homes in foreclosure for cash, buy properties as-is, and work with local title companies to close quickly so homeowners can avoid foreclosure and move forward with peace of mind.
💬 Even though foreclosure seems final, there is still time. The important thing is to act before the court approves the sale.
Are You Ready to Sell a House in Foreclosure in Cherry Hill Township, NJ?
You still have control if your Cherry Hill home is in danger of being foreclosed on.
Selling before the auction not only clears your mortgage but also helps you move forward without a foreclosure on your credit.
Reddit users often echo the same lesson: “I wish I hadn’t waited so long.” Acting early gives you options, peace of mind, and maybe even a fresh start.
🚀 Do something today; your next chapter could start sooner than you think.
How Our Simple 4-Step Process Works
Helping Cherry Hill Township, NJ homeowners sell quickly, stress-free, and with confidence.
Step 1 – Tell us about your home (no repairs needed) in Cherry Hill Township, NJ:
Just share a few details about your Cherry Hill Township property. Don’t worry about cleaning or fixing anything—we buy houses exactly as they are.
Step 2 – We take a quick look:
If your home meets our buying criteria, we’ll schedule a short visit at your convenience. No open houses, no strangers walking through—just a quick look so we can confirm details.
Step 3 – Get your fair cash offer:
Within 24 hours, we’ll send you a no-obligation fair cash offer based on your home’s condition and the Cherry Hill Township market. You’re in control—no pressure, no hidden strings.
Step 4 – Choose your closing date:
We’ll handle the paperwork and close with a trusted local title company, often in about 7 days. You pick the date that works best for you.
✨ No commissions. No waiting. No stress—just a straightforward, fair cash offer from Peregrine REI.