If you want to find a cheap place to re-do with only 3 percent down, here is a possible avenue. I saw a house this weekend for $256,000 in Bushwick and found out the company deals only with foreclosures. Apparently you don’t have to deal with auctions. The house I saw required a 203K FHA construction loan (unless you were paying all cash). It was as-is, and the buyer had to pay the transfer tax, but otherwise seemed to the be the same as a regular sale as far as I could tell. It had a lot of cute details but needed a new plumbing system, boiler, probably an electrical upgrade, and maybe some new floors. The name of the company is Tom Marco Real Estate at(718)998-7100. I am a regular poster and have no connection to the company. This is not an advertisement. <\/p>\n","protected":false},"excerpt":{"rendered":"
If you want to find a cheap place to re-do with only 3 percent down, here is a possible avenue. I saw a house this weekend for $256,000 in Bushwick and found out the company deals only with foreclosures. Apparently you don’t have to deal with auctions. The house I saw required a 203K FHA…<\/p>\n","protected":false},"author":14673,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[],"districts":[],"class_list":["post-30308","post","type-post","status-publish","format-standard","hentry","category-real_estate"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2009\/03\/foreclosures-wi\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Foreclosures without auctions","url":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/03\/foreclosures-wi\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2009\/03\/foreclosures-wi\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Real Estate","author":[{"@type":"Person","name":"mopar"}],"creator":["mopar"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2009-03-29T15:21:12Z","datePublished":"2009-03-29T15:21:12Z","dateModified":"2009-03-29T15:21:12Z"},"rendered":"