While I was working in Oil & Gas in west Texas (Midland) in 2016, I noticed the margins were disappearing in DFW and found better returns in places other than DFW.

The $450K is probably the amount the owner owed the Bank.The sheriff does NOT list the upset prices.I would say the most important things to look into before buying at sheriff sale in NJ:1. tax liens2. condo liens3. primary lien that might survive the sale4. oil tank or other contamination - need of remediation5. know if property is occupied or vacant6.

The furnace, oil tanks and windows were all done about 10 years ago.

Mobil Oil credit union has a credit card that you can get that allows credit transfers for a 1% fee that will lock in a 5.9% interest rate.  

I worked with an oil service company, but was unfortunately laid off and chose to take control of my circumstances by investing in my financial education.

I also own Denver Oil here in the mile high city.

In South Dakota during the Oil boom there were stories of camper trailers parked in Wal-Mart lots earning incredible returns. 

Given you are new to your career, if your in oil and gas, focus on doing well with that job first and save money.

I'm not real sensitive to the meaning of these numbers personally (see my signature) but have read enough on here and other sites to have formed a pretty solid opinion that with a FICO below 600 you never should have been given a loan anyway.From reading the "help me sell" posts here and on other REI sites, as well as talking to friends and family around the country I'm pretty confident that we'll see a shakeout in the next two years that will equal or exceed the "oil field bust" of the '80s.

It will be interesting to see if the lower oil prices will lead to layoffs and if those layoffs will affect the local housing market.