I was thinking of buying a foreclosure or sheriff sale property. Does anyone have any advice?
January 4th, 2012 by admin
I am currently in the state of Pennsylvania and am looking for an investment property either here or in New Jersey. I understand that I would have to put work into most of these properties but I wanted to know if I bid on a property at a sheriff’s sale do I have to have all of the money at the time of the sale or can I pay a percentage down and pay a mortgage on the rest? Any advice or tips would be greatly appreciated!
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