Pre-foreclosure for a brrr or to sell to an investor

Specialist · Member since 2019 · 5 posts · 2 votes

What to look for in the state of NJ when I’m trying purchase a pre-foreclosure? I will either brrrr or I would sell it to an investor.

What are the pros vs the cons? How long will it take to close? Etc. Any input you can give will be helpful.

Thanks.

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Wayne Brooks
Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
7y
It’s just like any other sale.....except you’re on a clock.
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R Mendoza
OP
Specialist · Member since 2019 · 5 posts · 2 votes
7y
@Wayne Brooks
Thanks Wayne, when you say on the clock what that entails? Sorry I’m new to this and just want to make sure I can set a proper expectation.
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Wayne Brooks
Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
7y
There’s an auction date coming up at some point.
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