Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply

Foreclosures and affordable housing
I have a property I am interested in buying at auction. It was built in 2003 and in 2004 classified as affordable housing. The house is going up to auction this Monday in New Jersey.
1. Am I able to buy it or do I need to qualify for affordable housing to buy it?
2. Does the affordable housing restrictions go away when you buy it at auction/Sheriff sale ?