Bying Advice: Update


So we saw the 650K shell the other day. For anyone interested you can see the add on the Cent21 website. Its located at 25 Clifton Place. Anyway, turns out it had previous fire and water damage. Original owner git it in a divorce, it had been boarded up for 15 years. Not a shell to the studs and would have taken a lot to get all the walls down and a lot of the original detail back. In the end we passed when an offer for 575K was made and there was no way we could match that or the size of the whole project.

Categories: Renovation
By jvanderb | 03/21/2009 5:19 PM | Comment

Buying Advice


This may be naive but I am looking at a brownstone shell in Clinton hill. Asking price is 650K needs extensive renovations. I think its a huge deal, others say its not possible. Anyone have some basic figures? I am 28 years old, renter. This would be a dream come true and I think the iron is hot to strike on a good buy with these economic situations. I have always had great real estate foresight with no capitol, and now I have some. if we could muster the buying price, what does a full house renovation look like>?

Categories: Renovation
By jvanderb | 03/18/2009 10:26 AM | Comment