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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
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Craig Conte's profile image
Craig Conte's profile image
Craig Conte
  • from Englishtown, New Jersey
  • Member since Jan 13, 2017
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Craig Conte's profile image
Craig Conte's profile image
Craig Conte
  • from Englishtown, New Jersey
  • Member since Jan 13, 2017
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Craig Conte
  • Englishtown, NJ
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Foreclosures

Foreclosures and affordable housing

Craig Conte
  • Englishtown, NJ
Posted Oct 17 2017, 01:44
I have a property I am interested in buying at auction. It was built in 2003 and in 2004 classified as affordable housing. The house is going up to auction this Monday in New Jersey. 1. Am I able to buy it or do I need to qualify for affordable housing to buy it? 2. Does the affordable housing restrictions go away when you buy it at auction/Sheriff sale ?
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