How can you find a list of foreclosures in new jersey?
Question:
Answer:
Go down to your local courthouse and ask the court clerk where they have the list. Next, go throught the list and find out what properties you are interested in and write down the number that is with each property. Then go back to the court clerk and have her pull the files for those properties. They will all have the information you need to know.
All foreclosures are listed in a local news paper within the county they are located (they must do this to give public notice).
There are two types of foreclosures, government foreclosures and bank foreclosures. Govt foreclosures are due to failure to pay property taxes and bank foreclosures are due to failure to pay the mortgage.
There is one main site for both govt and bank foreclosures, you can find free listings here:
http://www.investingwithoutlosing.com...
Before you invest though, please make sure you know how to do your due diligence and proper research. Look for the chain of title, liens, assessments, bankruptcy issues, etc. Because you trap yourself into paying more than what you expected. For suggested reading, go on amazon or another bookstore and take a look at Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days by Don Sausa [isbn 0978834682]. It has some good checklists and examples on how to research.
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