Bank foreclosures?


Question:
Does anyone know about bank owned foreclosures in nj. Someone told me banks had lists of foreclosures and I could buy a house for 200.00.

Answer:
I doubt very highly that there are ANY homes for that price range, and if they were, everyone and their mother would be buying it! There are however very good deals buying foreclosures at this time. It is very time consuming to get the banks to give you these lists..but it is possible. If you are interested in purchasing a foreclosed home, visit the site below and ask questions in the forum and they can point you in the right direction. It is free.
God Bless!

Michele
I doubt you would be able to buy a foreclosed house for $200, and if you could, would you want to? There would probably be huge defects associated with the property that would make the $200 purchase price seem too high. If you would like to get started with foreclosures, either seek out a realtor who specializes in these types of properties, or go to your local county clerk's office. Foreclosures are a matter of public record and you should be able to obtain a free list there. Also, you can contact lenders directly (via their REO departments) and try to obtain a list of properties they have for sale.

Hope this helps...

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Mark
Seriously, If you can buy a house for $200.00 I have a Glacier i wish to sale you in Alaska. The Answer is No you cant buy a home for $200.00. Only if its a family members. Yes I agree with the Answer Prior Go to bed Earlier and stop watching Late night Get Rich Infomercials.
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