Keith Bonchi of Goldenberg, Mackler, Sayegh, Mintz, Pfeffer, Bonchi & Gill. Courtesy photo Supreme Court Steps Into Fray as Investors Battle to Acquire Tax Sale Foreclosure Properties
"Anything that makes it easier for someone to swoop in and take your property will be a disincentive to the tax lien industry," said Robert Keyser, a past president of the National Tax Lien Association.
February 14, 2022 at 05:36 PM
4 minute read
Real Estate
The New Jersey Supreme Court has agreed to take up a case about who has priority when competing parties seek to acquire a property in a tax sale foreclosure.
Fast-rising home values and the ability to search online for homes in foreclosure have led to growing competition among investors in homes with delinquent property taxes, motivated by the chance to get a property cheaply, observers said.
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