Foreclosures For Sale

The basics on "HOT" bank-owned and foreclosure deals!

Foreclosure's are properties owned by mortgage lenders because the original owner defaulted on the loan payments. Generally speaking, the mortgage lender initiates the foreclosure process after three months of non-payment by the borrower. The Nicosia Team specializes in representing buyers and investors of the following 3 types of foreclosure properties:

  1. REO's - stands for "Real Estate Owned", these properties are owned by the bank, savings and loan, or other lending entity. REO Foreclosures are listed for sale by local real estate agents, like The Nicosia Team, and appear on our website the same as any other listing.
  2. Fannie Mae Foreclosures - these are bank owned properties in which the original owner purchased the home with a conventional mortgage loan that was insured by Fannie Mae. Fannie Mae Foreclosures primarily appear on Fannie Mae's website, www.homepath.com, before being pushed to our website.
  3. HUD Foreclosures - these are bank owned properties in which the original owner purchased the home with a government mortgage loan (such as FHA or VA) that was insured by HUD, The United States Department of Housing and Urban Development. HUD Foreclosures primarily appear on HUD's website, www.hudhomestore.com, before being pushed to our website. 
           

Hot Foreclosures Deals

97 Monticello Dr Drive, Sicklerville, NJ image
97 Monticello Dr Drive, Sicklerville, NJ $320,000

Welcome to 97 Monticello Drive! This Lovely Home in the scenic Twin Streams Development offers 4 Bedrooms, 2.5 Bathrooms and 2 Car Garage. The property has a lot of nice...

  • 4 Beds
  • 3 Baths
Courtesy of BHHS Fox & Roach-Marlton

Listing courtesy of BHHS Fox & Roach-Marlton.

436 E Linden Ave Avenue, Lindenwold, NJ image
436 E Linden Ave Avenue, Lindenwold, NJ $239,900

For the first 20 days, the property is to be marketed to owner occupants only. During this period, the buyer must be willing to sign an owner occupancy disclosure. This ...

Courtesy of Expressway Realty LLC

Listing courtesy of Expressway Realty LLC.

1642 48th Street, Pennsauken, NJ image
1642 48th Street, Pennsauken, NJ $154,500

Bungalow style home with 3 bedrooms, 2 full baths in the Delaware Gardens section of Pennsauken. Vinyl siding, full basement and fenced yard. 2 large bedrooms on the up...

  • 3 Beds
  • 2 Baths
Courtesy of RE/MAX Preferred - Marlton

Listing courtesy of RE/MAX Preferred - Marlton.

816 Bergen St Street, Gloucester City, NJ image
816 Bergen St Street, Gloucester City, NJ $169,900 ▼

Updated and move-in ready! This cute bungalow has been recently renovated and is ready for new owners. Two bedrooms and full bath on the main floor, as well as a big livi...

  • 3 Beds
  • 1 Baths
Courtesy of Keller Williams Realty - Moorestown

Listing courtesy of Keller Williams Realty - Moorestown.

6 Box Turtle Ln Lane, Sicklerville, NJ image
6 Box Turtle Ln Lane, Sicklerville, NJ $369,000

None

  • 5 Beds
  • 4 Baths
Courtesy of RE/MAX First Realty II

Listing courtesy of RE/MAX First Realty II.

200 Jersey Avenue, Gloucester City, NJ image
200 Jersey Avenue, Gloucester City, NJ $495,000

Riverpark Pub in Gloucester City. 4,000SF with C liquor license. All HVAC - 2yrs old. Roof is 10yrs old. 2 Bedroom Apartment upstairs for $900/month. A steal at $495,000....

Courtesy of Murray & Associates

Listing courtesy of Murray & Associates.

30 S Browning Ave Avenue, Somerdale, NJ image
30 S Browning Ave Avenue, Somerdale, NJ $274,900 ▼

This is a Fannie Mae Homepath Property! Are you looking for move in condition? Your look is over! This brick rancher on corner lot offers covered front porch with a s...

  • 3 Beds
  • 2 Baths
Courtesy of Bruce Associates Inc

Listing courtesy of Bruce Associates Inc.

700 Monmouth Street, Gloucester City, NJ image
700 Monmouth Street, Gloucester City, NJ $175,000 ▼

Vacant former restaurant/cafe, which is part of the city's history! These are the tracks on the right of way for the proposed Glassboro to Camden, Rowan to Rutgers passen...

Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty.

4002 Aberdeen Ln Lane, Blackwood, NJ image
4002 Aberdeen Ln Lane, Blackwood, NJ $135,500 ▼

Property is being sold in as is where is condition, property is being sold with existing occupants. Transfer Tax will be split between buyer and seller. Buyer is responsi...

  • 2 Beds
  • 3 Baths
Courtesy of Compass New Jersey, LLC

Listing courtesy of Compass New Jersey, LLC.

175 White Horse Rd W, Voorhees, NJ image
175 White Horse Rd W, Voorhees, NJ $398,000

This is the assemblage of two properties located in a B-Business zone. 175 white Horse Road is 2 units, one a 2,000 sq ft. Lower Level former CPA'S Office and the second...

Courtesy of Bruce Associates Inc

Listing courtesy of Bruce Associates Inc.

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The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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