This page is directed toward individuals and other private parties who own one or two properties (or defaulted debts). If you are an institution that owns or services portfolios of non-performing assets, including REO, defaulted mortgage loans or tax liens, or otherwise, please see our Institutions page.
If you are here checking us out, and wondering how you will benefit by selling your problem property to us, the information on this page should answer your Questions.
It is important that you consult with an attorney of your choice before making any decisions to buy or sell real estate, or enter any major financial transaction. The best lawyer is the one whom you already know and trust, and who knows your situation. If you don't have such an attorney, you should ask family members, or your accountant or other professional whom you trust.
A complete list of reasons why you should consider selling your troubled assets to Cherokee is available at the Why Private Owners Should Sell to Cherokee page.
Some of the reasons people sell their troubled properties or mortgages to Cherokee include foreclosure, divorce, job transfer, inheriting a problem property, retiring or relocating, illness, etc.
Cherokee creates affordable housing, and facilitates community development. So when you sell a property to Cherokee, you are not only helping yourself, but you are helping others.
Learn more about Cherokee's Community Development activities, and our charitable efforts.
At this time we are purchasing properties primarily in New Jersey, San Diego, and some areas of New York, Pennsylvania and Florida. If we contacted you, then it means we are buying in the area of your property.
If you have questions or would like to learn more about Cherokee, including who we are, what we do, and why we contacted you, please see our About Us summary page. Or call Jay Wolfkind, our Acquisitions Director, toll-free at (800) 543-0201, or send him an email using the Contact Cherokee web page.
Selling your property to Cherokee will benefit you, and will benefit our communities.