3 Recent Changes To NJ Foreclosure Laws, Carefully Purchasing REOs, Property Value Index Rate Increase Slows

3 Recent Changes To NJ Foreclosure Laws

Real Estate Tip:

Be careful when you make offers to purchase bank-owned property, also known as REOs because there is no previous owner compelled to disclose problems like a leaky roof or oil tank. You must do your own homework which includes a property inspection--the bank will only give you clear title to the property.

Real Estate Insight:

The S&P CoreLogic Case-Shiller index of property values increased 2% from a year earlier, the slowest since August 2012