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Buying Foreclosures in Monmouth County, New Jersey
A lot of people have been asking about buying a foreclosure in Monmouth County, NJ.
Let’s begin our discussion by defining the relevant terms. Technically, a foreclosure is a bank owned property or REO (real estate owned). The foreclosure process has been completed and the bank now owns the property. Next the bank lists the [...]
More Training in Short Sales
Last week I took another class in short sales. This is when the homeowner asks the bank to accept less than what is owed on a property as payment in full. They do this for a variety of reasons including:
Being forced to sell their house in a down market, either because of missing payments, facing [...]
