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LIMITED

Average 7-10 business days

Title Searches - (full 60yr county, statewide judgments, bankruptcy, tidelands, certified tax, chancery, probate)

Title Examination - various searches are examined for title defects and potential issues

Title Insurance - protection from losses arising from various title defects

Curative - Disclosure of potential issues to be resolved by buyer

From:

Premium* + $660

FULL SERVICE 

Cash 

Average 8-11 business days

Title Searches - (full 60yr county, statewide judgments, bankruptcy, tidelands, certified tax, chancery, probate)

Title Examination - various searches are examined for title defects and potential issues

Title Insurance - protection from losses arising from various title defects

Curative - "Fix" various title defects

Settlement - manage all payments with payees including sheriff, record deed on behalf of buyer

From:

Premium* + $1260

FULL SERVICE + Mortgage

Average 8 - 11 business days

Title Searches - (full 60yr county, statewide judgments, bankruptcy, tidelands, certified tax, chancery, probate)

Title Examination - various searches are examined for title defects and potential issues

Title Insurance - protection from losses arising from various title defects

Curative - "Fix" various title defects

Settlement - manage all payments with payees including sheriff, coordinate with lender, in-person closing, record deed and mortgage on behalf of buyer and lender.

From:

Premium* + $1470

Once you have a winning bid it is time to make sure you won't be inheriting any unknown debts, that the foreclosure was done properly, and that you won't have any issues selling your property in the future. At this point you should reach out to a local title company that is knowledgeable about insuring sheriff sale purchases or click on any of the options above to connect with Clear Skies Title (a leader in insuring NJ sheriff sale acquisitions). Also check our our FAQ for more information. 
*Premiums are regulated by the state and are based on the purchase price and loan amount of the acquisition
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