there is no equity in the property? If you would like more information about Pre-foreclosures, Foreclosures, Short Sales, Negotiating with Lenders and Homeowners and much more, join us at one of our Foreclosure Seminars across New Jersey. A: Explore doing a Short Sale. Do not be afraid to be up front and frank with these homeowners, especially if you have already put your name in front of them several times. A: Our researchers collect the data directly from the court. A: Short answer, it depends on how you go about your business. If you are a Real Estate Agent, you may want to keep this knowledge to yourself until you need.