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To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer.
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Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage. It is currently in an initial default stage in Wall Township, NJ, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. Please take note that this property in Wall Township, New Jersey is not listed as a Rent-to-Own (RTO) opportunity. This listing located at Central Ave in Wall Township, NJ could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO. The property located at Central Ave in Wall Township, NJ is listed as a Preforeclosure Trustee Name: FRENKEL LAMBERT WEISS WEISMAN AND GORDON LLP.Plaintiff: US BANK NATIONAL ASSOCIATION.Defendant Name: PHILIP DULANIE JR ET AL.
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