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Updated over 3 years ago, 03/25/2021

User Stats

5
Posts
0
Votes
Rahul Pat
  • Rental Property Investor
  • Princeton NJ (princeton, nj)
0
Votes |
5
Posts

Foreclosed Property- How to approach

Rahul Pat
  • Rental Property Investor
  • Princeton NJ (princeton, nj)
Posted

Hi! I have recently started on my real estate journey. This website and the forum is certainly of great help. I was looking to purchase a foreclosed property and in order to do that have been closely following the Sheriff sale website of my county. I see there are couple of properties that I like in the list. But I am not sure how do I proceed now that all the foreclosure activities are halted. 

Can I directly contact the owner of the property and let them know that I am interested ? Does the owner of the property still have a right/say once foreclosure activities have started ? or is it better to approach the lender/bank ?

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