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
Regarding the 11th Street house: I talked to the lender’s attorney last week and she told me that the homeowner had paid off the loan on Jan. 3, so the sale has been cancelled. The auction was put off on 12/20 b/c the homeowner was trying to get the funds. Don’t know why it took so long. The foreclosure docs. were filed in Oct. ’06.
I hear you 12:34, but the reality is that there are always hidden costs with foreclosures–so in the end, especially in THE SLOPE, you’re probably going to find yourself outbid or wishing you’d never seen this thread.
I’m interested also. I don’t consider myself a bottom feeder. My husband and I have been looking for a house, but at the prices that they’re at (or should I say were at), we hesitated. If we can get one at the fraction of the cost, why not?
At a foreclosure, we offer upside-down cake–since it appeals to bottom feeders.
Cappuccino anyone? I can offer extra foam.
Anyone know of the best place to get coffee cakes and biscuits near either of these two homes?
An English basement is any floor at least partially below grade (hence the basement part) with windows at least partially above grade. Strictly speaking, a garden floor is a ground floor completely above grade. Obviously many “English basements” are now described as “garden floor” because it’s a nicer euphemism, although in many cases there’s not a lot of functional difference.
The Park Slope floor is properly called an english basement – it’s clear that it’s partly below grade.
I might go tomorrow, just to check it out and get more info. Anybody else?
I called the County Clerk’s office, which is housed at 360 Adams…and the woman was nice, but she said they have nothing to do with it, it’s privately run. AARRGGH!
Someone, help