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Sandy Reddy's profile image
Sandy Reddy's profile image
Sandy Reddy
  • Real Estate Agent
  • from Jersey City, NJ
  • Member since Apr 21, 2015

User Stats

42
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5
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Sandy Reddy's profile image
Sandy Reddy's profile image
Sandy Reddy
  • Real Estate Agent
  • from Jersey City, NJ
  • Member since Apr 21, 2015
Sandy Reddy
  • Real Estate Agent
  • Jersey City, NJ
5
Votes |
42
Posts
Buying & Selling Real Estate

New Jersey Hudson County Sheriff sale

Sandy Reddy
  • Real Estate Agent
  • Jersey City, NJ
Posted

I want to try and buy a property on a Sheriff sale (auction) in Hudson county in NJ. If i am the winning bidder and deposit the 20% of the bidding amount but fail to pay the remaining 80% within 30 days of the sale. Whats kind of impact would this have ? Do i pay some fine ? And how to get back my 20% deposit back.

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