Foreclosures of the Week
If you don’t mind disposing of the abandoned town car in the front yard, 148 Winthrop Street in Prospect Lefferts Gardens looks like an interesting foreclosure opportunity. The lien on the 2,000-square-foot house is only $143,586, so it won’t be hard for the bank to get its money back. Any guesses what the market value…
If you don’t mind disposing of the abandoned town car in the front yard, 148 Winthrop Street in Prospect Lefferts Gardens looks like an interesting foreclosure opportunity. The lien on the 2,000-square-foot house is only $143,586, so it won’t be hard for the bank to get its money back. Any guesses what the market value of this place (which presumably needs a lot of work) would be? Meanwhile, over on Hart Street in Bed Stuy, this freestanding 2,250-square-foot house could be an interesting turn-around opportunity at the right price. It sold for $560,000 back in 2004 and the current lien is $470,463. Both properties are scheduled to be auctioned tomorrow at 3 p.m. at 360 Adams Street, Room 261.
148 Winthrop Street [Property Shark] GMAP
88 Hart Street [Property Shark] GMAP
That’s best you ca do?? LMMFAOROTFG!
Dignity is overrated.
The What
Some day the dignity is gonna end……
SPAM ALERT, SPAM ALERT, SPAM ALERT, SPAM ALERT, SPAM ALERT, SPAM ALERT, SPAM ALERT
Look, I own rental property in Brooklyn and am well aware to the pitfalls of buying forclosed property.
I simply asked a question of the author of the original post: Where did you get this information? Can I get more details?
There are lots of different ways in which a foreclosed property gets sold. Sometimes they are auctioned by the County, sometimes the lender gives it to a broker and occassionally the lender gives the building to a private auctioneer to sell.
I am not some dumbass flipper. I actually know this neighborhood and I am looking for a house that I can buy cheaply, fix up and live in with my family.
The What is a Licensed Real Estate Broker!!! That almost explains everything now…
“”What do you have????!!!!”
My dignity.
Which is a lot more than I can say for you.”
That’s best you ca do?? LMMFAOROTFG!
Dignity is overrated.
The What
Some day the dignity is gonna end……
“What do you have????!!!!”
My dignity.
Which is a lot more than I can say for you.
“You really think you’re so much smarter than everyone else, that they don’t think of those things before buying a foreclosed property in a fringe neighborhood in nyc?
Get real, 3:22.
You are not as smart as you think you are.”
I see why people are dumber than a bag of bricks…
See that’s why I said this, you just reinforced my point.
I was at the auctions 4 years ago them they would have just 5 auctions on that day.
Plus I saved a house from going back to the bank.
I am a Licensed Real Estate Broker. I can transact a sale of Real Property in the state of New York. What do you have????!!!!
I’ll tell you fucking nothing!!!! Now go away!
The What *** Middle Finger to you****
Someday this war is gonna end…..
You really think you’re so much smarter than everyone else, that they don’t think of those things before buying a foreclosed property in a fringe neighborhood in nyc?
Get real, 3:22.
You are not as smart as you think you are.
I see why people are dumber than a bag of bricks…
First why Mr. B post foreclosures on this site with no info.
Second you need ALL CASH to buy these houses (Your Money or a Hard Money Lender). Time is of the essence!
Third if you are fucking stupid enough to buy a house on the Court house steps then, you will have to worry about other shit. The liens, tenants and damage to the house.
Forth you will need to know the upset price, the comp and the rents you can get
Fifth how muck time and money you have to invest in this piece of shit!
Last but no lease, what is your exit strategy
The What ** Shakes Head ****
Some day this dumb shit is gonna end……
Here is a pretty interesting article from the NY Times about a couple that bought a nice townhouse in Crown Heights through a foreclosure auction. It shows that it’s at least possible for an outsider to win some of these auctions.
http://www.nytimes.com/2007/08/26/realestate/26hunt.html?vendor=GABRIELS&partner=GABRIELS&ex=1195189200&en=8b8ee34d5d953333&ei=5103