Short Sales And Foreclosures On Long Beach Island Nj

Dated: 05/06/2014

Views: 1038

Buying Short Sales and Foreclosures in the LBI NJ Real Estate Market

Short sales, foreclosures, and bank properties are not the most common real estate transactions on LBI. However, they can prove to be a good deal...if the deal is right!The highest bid does not always win! Banks will look at a wide range of factors before deciding who will be awarded the sale.Make sure you have all documentation on employment, debt, and earnings before pursing a short sale or bank property in the LBI real estate market.Most banks will want to pre-qualify you for the transaction, even if you are not using them for the financing.

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