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
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 Preferred-Haddonfield.
Two bedroom one and one half bath in Players Place. Close to shopping and highways this unit has new carpets, fresh paint and a new oven. Freddie Mac first look for own...
- 2 Beds
- 2 Baths
Listing courtesy of Connection Realtors.
Players Place Condominium unit that features 2 bedrooms and 2.5 bath on premium lot with approximately 1257 square feet of living space! TONS of Potential! Being sold AS ...
- 2 Beds
- 3 Baths
Listing courtesy of At Brokers LLC.
Don't miss the opportunity to own this 4 bedroom, 2 full bath Cape Cod home with deck and fenced-in yard! TONS of Potential! Being sold AS IS, WHERE IS, Buyer is responsi...
- 4 Beds
- 2 Baths
Listing courtesy of At Brokers LLC.
Loads of potential! This 2 bedroom and 1 bath home has over 1300 SqFt living space. Features include an enclosed breezeway to the oversized 2-car garage, huge rear deck a...
- 2 Beds
- 1 Baths
Listing courtesy of At Brokers LLC.
Don't miss the opportunity to own this 3 bedrooms, 2.5 baths end unit townhome on a premium lot in The Carriage Stop Townhome. With approximately 2054 square feet of livi...
- 3 Beds
- 3 Baths
Listing courtesy of At Brokers LLC.
This property has been placed in an upcoming online event. (occupied). Drive by Only no interior access DO NOT disturb occupants/offered as occupied auction. This larg...
- 4 Beds
- 2 Baths
Listing courtesy of Vanguard Realty Group Inc.
Price reduced! This is a Fannie Mae HomePath property. Located in Sturbridge Lakes, this wonderful 3 bedroom, 2.5 bath contemporary colonial home is in a lakes communi...
- 3 Beds
- 3 Baths
Listing courtesy of World Net Realty/SJ.
This is a Fannie Mae HomePath property! This property offers an Eat-in kitchen with a breakfast room, a family room with a fireplace, a finished garage area that offers a...
- 4 Beds
- 4 Baths
Listing courtesy of HomeSmart First Advantage Realty.
Price reduced! This is a Fannie Mae HomePath property. This Fannie Mae owned 4 bedroom, 1.5 bath bilevel is freshly painted and has updated flooring in a neutral palett...
- 4 Beds
- 2 Baths
Listing courtesy of World Net Realty/SJ.
Lovely Home in Westmont 3 bedroom with 2 full baths and great potential. The small eat in kitchen as great character which sits off the dining room. Hardwood and carpe...
- 3 Beds
- 3 Baths
Listing courtesy of Keller Williams Realty - Cherry Hill.
MOVE-IN READY 4 bedroom, 1.5 bath Colonial home in Merchantville Borough! Highlights include a living room with fireplace, hardwood & carpeted flooring, FRESH paint, Eat-...
- 4 Beds
- 2 Baths
Listing courtesy of At Brokers LLC.
**Offer Accepted & Contracts Out** ***MULTIPLE OFFERS ***REQUESTING ALL HIGHEST & BEST OFFERS BY 10AM ON 4/19/21*** This home has a unique layout 3 bedroom 2 bath with ba...
- 3 Beds
- 2 Baths
Listing courtesy of Expressway Realty LLC.
Come see this beautifully remodeled 4-bedroom 1.5-bathroom home on a quiet street! With beautiful dark hardwood flooring, freshly painted, updated kitchen and bath, centr...
- 4 Beds
- 2 Baths
Listing courtesy of Keller Williams Town Life.
Price reduced! This is a Fannie Mae HomePath property. Spacious 4 bedroom, 2.5 bath center hall colonial with incredible views. This home offers a foyer entry, living ...
- 4 Beds
- 3 Baths
Listing courtesy of World Net Realty/SJ.
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
Listing courtesy of Compass New Jersey, LLC.
Looking for a great opportunity? Look no more! This property has tons of potential, this home is average in living space size for the neighborhood. This home has ton...
- 3 Beds
- 3 Baths
Listing courtesy of REALHome Services and Solutions, Inc..
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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