South Jersey Foreclosures
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:
- 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.
- 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.
- 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
This home has plenty of potential bring your imagination! Huge 6 bedroom 4 full bath with 2 car garage home. The home has an unfinished bonus area with roughed plumbing f...
- 6 Beds
- 4 Baths
Listing courtesy of Expressway Realty LLC.
This is a HUD home Case #351-303287. Duplex - why pay rent when you can own your own two unit duplex! Live in one unit and rent the other! Great property offering Unit ...
Listing courtesy of Family Five Homes.
This is a HUD home Case #351-677352. Come take a look at this two story colonial located in the Wye Oak section of Gloucester Township. Features include vaulted ceilings...
- 4 Beds
- 3 Baths
Listing courtesy of Family Five Homes.
This home has been divided into two units with separate entrances and utilities. Home was recently freshened up with new carpet and paint. The lower unit has one bedroo...
- 4 Beds
- 2 Baths
Listing courtesy of Expressway Realty LLC.
Be the first to see this value priced upgraded home on quiet street in the popular Braddock Preserve Active adult community in Berlin Twp. Upgrades include oak hardwood f...
- 2 Beds
- 2 Baths
Listing courtesy of Vylla Home.
This is a Fannie Mae Homepath property. This spacious Bi-Level home offers 3 bedrooms, 2 full and 1 half bathrooms, a nice size living room, dining area, lower level offe...
- 3 Beds
- 3 Baths
Listing courtesy of HomeSmart First Advantage Realty.
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....
Listing courtesy of Murray & Associates.
Here it is another fantastic renovation opportunity. Over 2000 sq ft of living space just waiting to be finished to a buyer's liking. Features include large bedrooms, one...
- 4 Beds
- 2 Baths
Listing courtesy of Modern Realty Group.
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...
Listing courtesy of Coldwell Banker Realty.
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...
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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