Foreclosures In New and Unusual Places
Glancing at the list of foreclosures on the docket tomorrow, we noticed, among the usual sea of properties in Bed Stuy, Crown Heights and East New York, a couple of houses in areas that have not felt the sting of the current mortgage crisis much-—Park Slope and Bay Ridge. The house at the left, 271…
Glancing at the list of foreclosures on the docket tomorrow, we noticed, among the usual sea of properties in Bed Stuy, Crown Heights and East New York, a couple of houses in areas that have not felt the sting of the current mortgage crisis much-—Park Slope and Bay Ridge. The house at the left, 271 11th Street, is a three-story (two plus English basement) place with a lien of $148,300, a surprisingly small amount to lead to a foreclosure in this part of town; the charmer on the right, 513 72nd Street, has a larger tab, $428,044 to be exact. Both are scheduled to be auctioned tomorrow at 360 Adams Street at 3 p.m.
Foreclosure: 271 11th Street [PropertyShark] GMAP
Foreclosure: 513 72nd Street [PropertyShark] GMAP
Is there any way to buy Hassid DNA on the black market and inject it into my buttocks?
It hasn’t rained significantly in awhile, yet my basement…along with my house, is underwater. Does that make my basement American?
I do not believe that Hassids accept converts. You either have the DNA (from the mother’s side) or you don’t.
12:45 it has been brought. See you tomorrow morning!
So what is the basement below my “garden floor” (which is slightly below grade in front, not in back) called? A Scottish Cellar?
12.00PM – Cafe Regular at 11th Street and 5th Ave has excellent coffee and cakes 🙂
English basements are quite functional. If someone needs to have their bottom floor as a rental it’s better to have a garden level that’s above grade. But English basements are perfect as a TV family room. Less street noise coming in the windows, and the thicker foundation walls help block the noise your TV and kids are making too, for your neighbors. It feels more private, which is nice for evenings at home.
Anyway back on topic. Foreclosures can happen in any neighborhood when it’s a house inherited by descendents who take out loans on the house and treat it like an ATM machine. It’s something that can happen at any time and does, not just during a recession, so I wouldn’t consider one house in Park Slope going into a foreclosure a sign of any big trend in PS.
Nice try, 12:41. I’ll be at the auction with my valise full of Benjamins so BRING IT!
As an individual looking for a house, It might be wise to just go and check it out. With more and more houses going to foreclosure, you never know what you can find. If not this park slope house, there will be others.
Is there anybody reading, that can give some insight on the 360 Adamsn auction world.