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Updated almost 7 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Nicholas Zinner
  • Middletown, NJ
2
Votes |
7
Posts

Sheriff Sales - How they work

Nicholas Zinner
  • Middletown, NJ
Posted

Hey Everyone!

So the MLS is a bit dry and very competitive. So I am looking to do some off-market marketing. I am also looking to get into Sheriff Sales (Auction). Funding is not my issue, the amount of deals I want are.

The question is.... How does the Sheriff Sale work? and what do I look out for specifically?

I have been to a sheriff sale, my area needs 10% down payment right then and there. But I am wondering what fees to look out for. How do you know of any liens? Do I run a Title search on every property I am interested in? Will a title search catch everything?

Thanks so much for your time!

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