Does the Gov't Sell Their Notes...? - Posted by IB (NJ)

Posted by John on June 16, 2006 at 11:58:25:

x

Does the Gov’t Sell Their Notes…? - Posted by IB (NJ)

Posted by IB (NJ) on June 02, 2006 at 07:51:33:

Does the Gov’t Sell Their Notes to Private Investors? This one’s owned by the New Jersey Housing and Mortgage Finance Agency.

http://www.state.nj.us/dca/hmfa/index.shtml

They purch. a 1st mortgage from a smaller bank and have been sitting on it for 20 years. They initaited foreclosure a few years ago but the atty. stalled and the case was eventually dismissed. The property is now vacant and has been for years. I’d like to buy the 1st mtg. and foreclose. Any chance?

Ib