Joined: Mar 2011
I am interested in purchasing a house in NJ. I know that the current owner has been relocated to another state by his employer, who is the FBI. I know that the Government gives the owner some time to sell their property privatley. If they can't sell within a given time period, then the Government buys the property from them at the fair market value. I'm assuming that the Government will then try to sell at a more reasonable price once they take it over. Two questions:
1) is there a way to find out when the Government will take the property over?
2) Does the buying process change when buying from the Government because they relocated an employee?