All Forum Posts by: Rashida Furniturewalla
Rashida Furniturewalla has started 1 posts and replied 3 times.
Post: First time STR, where is everyone investing in next??

- Real Estate Broker
- East Brunswick, NJ
- Posts 3
- Votes 0
Post: Is there an easier way to find out the payoff amount at auction

- Real Estate Broker
- East Brunswick, NJ
- Posts 3
- Votes 0
Hi Chris, thanks for the reply. Yes, they do the searches for me and in return I refer their services. I don't have time to go to the courthouse myself.
Post: Is there an easier way to find out the payoff amount at auction

- Real Estate Broker
- East Brunswick, NJ
- Posts 3
- Votes 0
There is a list of close to 900 properties going to a sheriff's sale within 3 months. The loan amounts are mentioned in the discription on their website but they go for a lot less. One property sold for $36,000 when the outstanding loan amount showed up as $138,000. Would a title search reveal how much is the payoff amount the bank is looking for? What is a better way to weed through this exhaustive list? I use a title company to find out if there are any outstanding liens on the property but I got to give them 2 or 3 properties ...even I get tired after the first 5 pages.
Just to let you know I am a real estate broker who also loves to fix and flip.