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Updated over 7 years ago,
Purchasing a property at Sheriff Sale : Mercer County, NJ
Dear All,
I own couple of rentals that were bought as a regular sale and would like to venture into auction sales. There are a couple of condo's from my neighbourhood that are on auction schedule on Sheriff Sale list. Can you please suggest what are the steps to take in purchasing a property at auction.
My common sense suggest below but want to know from experts if i am missing any other steps.
a) Hire a Title search company and look for title issues ?
b) Check with condo association for any unpaid dues
Also once i purchase at the auction, what's the process to get someone living there to vacate ? How many months i am looking at if i have a tough occupant.
Thanks!