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Updated over 7 years ago,
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 ?