Foreclosures of the Week: Co-op Edition
A couple nice co-ops are on the foreclosure block this week. First up, Apartment 12E in one of the Clinton Hill Co-ops at 200 Waverly Avenue. Apartment 12E (which we assume is a one-bedroom) sold for $345,000 last April and the current lien is just $161,312. Over in Kensington, Apartment 7J, which has a lien…
A couple nice co-ops are on the foreclosure block this week. First up, Apartment 12E in one of the Clinton Hill Co-ops at 200 Waverly Avenue. Apartment 12E (which we assume is a one-bedroom) sold for $345,000 last April and the current lien is just $161,312. Over in Kensington, Apartment 7J, which has a lien of $131,456 against it, will also be going up for auction. Both properties will be auctioned at 360 Adams Street, 2nd floor, at 3 p.m. tomorrow. Purchasers must put down a 10% deposit with their winning bid.
200 Waverly Avenue [PropertyShark] GMAP
495 East 7th Street [PropertyShark] GMAP
Being the Head Prophet of Doom is probably a busy occupation, but the What enjoys it way too much. Even if he is right, real people and their very real finances are on the line. How ’bout less gleeful, manic joy over people losing their homes, and more advice on what to do, since he obviously has been a part of the real estate/financial industry?
If all you’re going to do is crow over it, then you have as much validity (and respect)as any nut with a sandwich board and bell heralding the End.
By “land down south” I think the What is referring to the rock from which he emerges each day.
Biff,
LOL – you have hit the proverbial (hope that word is not too big to use here) nail on the head.
I’m a Licensed Real Estate Broker, Certification in loan processing and Certification in Building Management.
Last and not lease, yes I own a house. Plus have some land down south. Now what!!! My Enggelih is nok goood Huh??!!
People kill me. You can’t see America is in some serious trouble but, You what to Ad hominem The What to death. Open your eyes asshole!
Take a look at the current crisis!
Side-note: You notice the streets are empty after 7:00 PM. People are getting squeezed by this inflation and credit crunch bullshit. People don’t have money to pay for gas. Food is you and they can’t service their debts. that”s way I do what I do. Now go fuck yourself you ignorant asshole.
The What
Someday this war is gonna end…
Actually, The What is losing his edge. Three postings and not one “Asshat” or “Fucktard”, although he did grace us with a “fucknozzle”. He’s a master debater, less the “de”.
I knew I would find him drooling over a topic with “Foreclosure” in the heading…I think Brownstoner did it to provoke him; like shining a light on a cockroach.
As obnoxious as the What is, I have to say I find it hillarious when you get an intelligent well written post by someone like 12:13 followed by the What’s “Thats what you think! Yo fucknozzle…” This website was soooo boring without him a few weeks back.
apart from when his English makes him incomprehensible.
The What –
Are you even a property owner? I have been reading your belligerent comments on here for some time now and want to know what makes you such an expert on all things real estate? If you are not an owner, please keep you infantile comments to yourself and go find a “renters blog” somewhere. If you are an owner, you must be “LMFAO” at yourself too because none of us, unless you own at 15 Central Park West which I suspect you do not, are able to avoid the current housing downturn.
So The What says above, “I remembered those Co-ops was going for 85k in 2004. With that run-up people started to refi like mad (My office did plenty of them).”
Tell us, do you work as an assistant to a Dime Savings Bank loan officer? Or is your career as office manager for a mortgage broker? Just wondering, since your financial analysis is such a bizarre mix of the well-informed and the completely asinine.