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Anthony L. Velasquez, Esq.
  • Anthony L. Velasquez, Esquire, LLC
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Anthony L. Velasquez, Esq.'s Discussions

Commercial tenant liability in multi-tenant shopping centers clarified by NJ Courts
3 Replies

For those of you who are engaged in commercial real estate, and particularly multi-tenant shopping centers, I wanted to alert you to a recent and important decision from our NJ Courts regarding…Continue

Started this discussion. Last reply by Florence Crosby Oct 27, 2013.

I need additional rehab contractors in the Trenton area for a large property
5 Replies

I am currently rehabbing a large property in the Trenton/ Ewing Township area in Mercer County.  I am looking for contractors for a wide variety of work (painting, drywall repair, kitchen and bath,…Continue

Started this discussion. Last reply by 392g210a8514d Sep 3, 2016.

Beware of new pending legislation!
2 Replies

Just thought I'd let this group know about a new bill that passed the NJ Legislature in June, 2011, called the Foreclosure Fraud Rescue Prevention Act.  You can find it at…Continue

Started this discussion. Last reply by Dan Sklar Jan 5, 2012.

 

Anthony L. Velasquez, Esq.'s Page

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Anthony L. Velasquez, Esq. posted a blog post

Tax Foreclosures in NJ are often good investments, but should you obtain a title search prior to bidding upon a Tax Sale Certificate? by Anthony L. Velasquez, Esq.

In New Jersey, tax sale certificates are required to be sold by municipalities if a property owner fails to pay his/ her property taxes. The municipal tax collector holds a public sale (after advertisement/ posting) and then sells the Tax Sale Certificate (TSC) to the highest bidder at a public tax sale. Bidding actually goes “down” and not “up”, meaning that bidders compete against one another based upon the interest rate they are willing to accept – starting at 18% and then going down. If…See More
Feb 19

Profile Information

Company Name (if applicable - not website/not e-mail)
Anthony L. Velasquez, Esquire, LLC
What Industry do you work in? (you can select multiple)
Commercial Real Estate, Education/Training, Law
What I have to offer is... (be specific, this is important)
I am a licensed attorney (over 18 years) in New Jersey. I am in-house corporate counsel for a tax lien company that acquires distressed properties and wholesales them to flippers or other buyers. I also provide general real estate legal services including residential closings, commercial transactions, leases, etc. I have particular knowledge and experience in the tax lien and tax foreclosure industry. My clients range from residential and commercial buyers and sellers to wholesalers, flippers and investors who capitalize upon the tax foreclosure markets. I also represent buyers, sellers, borrowers, lenders, landlords, tenants, contractors and property managers with regard to nearly all real estate-related matters. Personally, I engage in my own real estate investments when the opportunity presents itself. My office can be reached at 609-273-2630.
What I am looking for is... (be specific, this is important)
I seek networking opportunities with like-minded persons and businesses. I welcome new clients and returning ones! I am always willing to share my knowledge and experience. I intend to provide an upcoming lecture series for Tri-State members on tax foreclosures and the ability to capitalize upon such opportunities in New Jersey. I also seek personal investment opportunities.

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Anthony L. Velasquez, Esq.'s Blog

Tax Foreclosures in NJ are often good investments, but should you obtain a title search prior to bidding upon a Tax Sale Certificate? by Anthony L. Velasquez, Esq.

In New Jersey, tax sale certificates are required to be sold by municipalities if a property owner fails to pay his/ her property taxes. The municipal tax collector holds a public sale (after advertisement/ posting) and then sells the Tax Sale Certificate (TSC) to the highest bidder at a public tax sale. Bidding actually goes “down” and not “up”, meaning that bidders compete against one another based upon the interest rate they are willing to accept – starting at 18% and then going down. If…

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Posted on February 19, 2018 at 12:54pm

DISTRESSED PROPERTY BUYERS BEWARE! (by Anthony L. Velasquez, Esq.)

A recent decision has been issued by the NJ Superior Court where a sale of a distressed property was stripped from the buyer and given back to a former owner.  It is under appeal, but it spells TROUBLE for distressed property buyers if it is allowed to stand.

In the strange case, a tax lien investor completed a tax foreclosure and then received Final…

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Posted on November 16, 2015 at 6:29pm — 1 Comment

Purchasers at New Jersey Sheriff Sales Must Beware of Pending Tax Appeals

Purchasers at New Jersey Sheriff Sales Must Beware of Pending Tax Appeals

By Anthony L. Velasquez, Esq.

 

On September 8, 2014, the NJ Appellate Court issued a published decision in Princeton South Investors v. First American Title Insurance (A-850-12) upholding the denial of a title insurance claim that was brought by the buyer of a property at a Sheriff Sale.  The buyer had claimed that at the time of the Sheriff Sale there was a tax appeal…

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Posted on October 24, 2014 at 1:00pm

Municipal Tax Liens Afforded Protection By Court

Municipal Tax Liens Afforded Protection By Court - June 25, 2014

Earlier this week, on June 25, 2014, a decision from the NJ Supreme Court has bolstered the position of tax sale certificate holders throughout New Jersey -- particularly those seeking to enforce their rights and foreclose upon a property where the property owner has sought bankruptcy protection.  It is a landmark decision and it helps to solidify and…

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Posted on June 27, 2014 at 8:17pm — 1 Comment

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At 9:08am on December 8, 2012, Margie Parrillo said…

Hi Anthony,

I just saw that you will be presenting at Tri-State on tax foreclosures.  My husband and I would love to attend.  Have you scheduled a date for that yet?  Looking forward to it and hopefully meeting you and all my other "new friends" at Tri-State Mixer meetings.  Until then, Margie Parrillo

At 5:37pm on July 14, 2012, Alric Burke said…

Just noticed it's your Birthday today, Happy Birthday, and many more to come. 

 
 
 

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