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We are the most trusted name in New Jersey when it comes to purchase of foreclosure properties. Our agents have extensive experience selling HUD homes and VA properties.
What is a HUD home? When someone with a FHA-insured mortgage can't make the payments, the lender forecloses on the home and HUD takes ownership. Then HUD offers it for sale at market value based on a recent appraisal. Almost anyone can purchase a HUD home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.
Similarly, the Department of Veterans Affairs (VA) acquires properties as a result of foreclosures on VA guaranteed loans.
Visit the HUD and VA sections of our website to access a full list of properties currently available in New Jersey. |