Foreclosures of the Week
On Thursday at 3 p.m., the financial institution that loaned the current owner of 416 Pacific Street $810,392 against the four-story brownstone will seek to recoup its money at the weekly public foreclosure auction held in Room 261 at the Kings County Courthouse in Downtown Brooklyn. Also of interest to bottom feeders bargain hunters may…
On Thursday at 3 p.m., the financial institution that loaned the current owner of 416 Pacific Street $810,392 against the four-story brownstone will seek to recoup its money at the weekly public foreclosure auction held in Room 261 at the Kings County Courthouse in Downtown Brooklyn. Also of interest to bottom feeders bargain hunters may be the sale of Apartment 1D at 325 Clinton Avenue in Clinton Hill. There’s outstanding debt of $159,022 against the co-op apartment.
416 Pacific Street [Property Shark] GMAP
325 Clinton Avenue, #1D [Property Shark] GMAP
bye bye
This site is getting more like Curbed everyday and I stopped reading it awhile back. Guess it will be time to move on from here too.
“The term is referring to the people coming to buy these properties”
I read that the first time. Cant see how it could be misconstrued.
Go to a foreclosure , you will see investors trying top scoop up a property at a huge discount
ie. Bottom feeder.
lobsters are bottom feeders.
so are shrimp and crabs.
flounder is bottom feeder. totally delicious!
discussion over.
So as a regular working Jane, someone who was wary of all of the easy mortgages, someone who figured that she and her husband who both work in social services should wait to buy a home for their family because they didn’t want to get over their heads with an ARM are now “bottom feeders” picking up the detritus and waste from the real estate floor?
Nice.
Not a pejorative, Brownstoner? I may not be the sharpest knife in the drawer, but I know when someone is backpedaling.
Maybe homes in some of these “fringe†neighborhoods will come closer to be in line with wages. I’m not looking for foie gras on a Spam budget. I guess that makes me a bottom feeder.
810k is the upset price. I bet it will get 1.285. I said it.
I agree 2:25, except Mr. B would consider you a bottom-feeder. i don’t know how one can sleep at night knowing that
Anyone who gets the Pacific St. House for $810K is going to be very happy about it. You can put $700k in to a renovat and another $50K for an exorcism. You’ll have paid $1.6 million for a house that will be woth $2.0 million.