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We are the New Jersey Foreclosure Experts!!!

 

Looking for a great deal on Foreclosure/REO properties?

You're in the RIGHT place!!

 

Century 21 Worden & Green has been the #1 top producing CENTURY 21® Office in New Jersey for over 20 years! We proudly serve North Jersey, also covering Middlesex and Somerset County! Trust the professionals to deal with ALL your foreclosure needs!!

 

Call (908) 874-4700 Today!

 


East Brunswick 

2 Bedrooms 1 Bath

North Brunswick 

2 Bedrooms 1 Bath


South Amboy 

3 Bedrooms 1 Bath

High Bridge

2 Bedrooms 1 Bath 

 

Sewaren

2 Bedrooms 1 Bath 

 

Hillsborough 

2 Bedrooms 1 Bath

 

Hillsborough 

3 Bedrooms 1.5 Baths

  

 Hillsborough 

2 Bedrooms 2 Baths


Middlesex 

3 Bedrooms 2 Bath 


Kendall Park 

2 Bedrooms 1 Bath


Dayton 

3 Bedrooms 2 Bath

Lawrenceville

2 Bedrooms 2 Bath

 

Branchburg

2 Bedrooms 1 Bath

 

Lebanon 

2 Bedrooms 1 Bath

 

East Brunswick

2 Bedrooms 1 Bath 

  

 Hillsborough

3 Bedrooms 2 Bath


Lambertville

3 Bedrooms 2 Bath

Hillsborough

2 Bedrooms 1.5 Bath


Somerville

2 Bedrooms 1 Bath

Flemington

3 Bedrooms 2 Bath

 

South Bound Brook

2 Bedrooms 1 Bath

 

Union

2 Bedrooms 1.5 Baths

 

Rahway

2 Bedrooms 1 Bath

  

 Basking Ridge

4 Bedrooms 2 Baths

 

We are the New Jersey Authority on Foreclosures and REOs!!!  

 

What is a Foreclosure?

A foreclosure is a bank owned property. This happens when a homeowner is unable to make the full principal and interest payments on his or her mortgage. As a result, the lender seizes the property and sells the home, as stipulated in the mortgage contract. If you’ve ever read the words “R-E-O,” the acronym stands for "real estate owned” (which means it is owned by the bank).  


Challenges: Benefits: 
Getting your finances in order Prices are Below-Market-Value!
Having a flexible purchase time  Potential HUGE Financial Gain!   
Working with "Professionals" Various Buyer Advantages!
Finding experience you can trust Banks often willing to offer discounts!
 

Before Searching For Homes

Buying a foreclosure can be a rewarding but tenuous process. Before searching for homes, find a real estate broker who works “directly” with banks that own foreclosed homes. Next, get qualified from a lender. Unless you are paying cash, it is important to get pre-qualified or pre-approved for a mortgage. Save your time and have your transactions run as smoothly as possible. 
 

Challenges of a Foreclosure 

For home buyers who want a good deal in real estate, their first thought is purchasing a foreclosed home. Buying a distressed property can be financially advantageous since prices will be below the market rate. Below are some challenges to consider:
 

1. Have Your Finances in Order

Do your research to avoid surprises along the way. While buying a foreclosure, additional costs are often significant and should not be ignored when budgeting for your purchase. Upfront fees, repairs, unforeseen liens, and construction expenses can pile up very quickly. Be sure you are financially prepared for expenses that are not rolled into your mortgage. It is important to have finances set aside for any surprises along the way!
 

2. A "Flexible" Purchase Time

Buying a distressed property can prove to be different from other home purchases. When considering a foreclosure, buyers should be prepared to act quickly, but also have with an open timeline to close on the property. It is very crucial to make sure you plan ahead. Timeline contingencies will make it very difficult for you to purchase the property. Significant work might need to be completed before you are able to move in. Also, distressed properties may come with previous owners or tenants. Legal proceedings of eviction can be a lengthy process. Be prepared to wait and have some place to live in the meantime. 
 

3. Do You Have Professionals Helping You? 

While searching through foreclosure listings, it is very crucial you find the right agency. Banks usually hire select real estate brokers to handle their REO properties. Financial institutions have a select group of real estate brokers they trust. Over the years, Century 21 Worden & Green has had long-term relationships with banks statewide. We proudly serve the Central and North Jersey area, also covering Middlesex and Somerset County.

When it comes to New Jersey foreclosures, experience and knowledge matter. Century 21 Worden & Green has been one of the top producing CENTURY 21® Offices in New Jersey for over 20 years. Trust the professionals to deal with all your foreclosure (REO) needs!

 

C21W&G is the New Jersey Authority on Foreclosures and REOs!!!

 

Call or CONTACT US for the most recently updated foreclosure listings in your area!  

 

HILLSBOROUGH (908) 874-4700  /  EAST BRUNSWICK (732) 238-2100

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