Foreclosure financing in NJ

[Nick M.]

Hi everyone wondering if anyone can help with a question- looking through foreclosure properties in NJ but wondering about financing. Do banks typically provide financing on foreclosed properties? Or would you need to find private financing and then aim for a refi several months later with a traditional lender?

[Harjeet Bhatti]

@Nick M. All depend if the property is in livable condition, bank will fiancé the property. If not you have to use private money and refinance later .