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Updated over 8 years ago,

Mina G.'s profile image
Mina G.'s profile image
Mina G.
  • Rental Property Investor
  • from Jersey City, New Jersey
  • Member since Sep 17, 2013
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User Stats

88
Posts
7
Votes
Mina G.'s profile image
Mina G.'s profile image
Mina G.
  • Rental Property Investor
  • from Jersey City, New Jersey
  • Member since Sep 17, 2013
Connect
Mina G.
  • Rental Property Investor
  • Jersey City, NJ
7
Votes |
88
Posts
New Jersey Real Estate Q&A Discussion Forum

Sheriff Auction

Mina G.
  • Rental Property Investor
  • Jersey City, NJ
Posted

Hello everyone,

Can one just go to a foreclosure auction hosted by the Sheriff (Hudson County) and not bid? Can I just go and see how the process goes?

For this property, auction.com shows that bid will start at $100. Lets say the bid end up at 200k and the property is worth 300k. Will the bank bid themselves on it since the value is way higher than the final bid? 

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