Is It Bottom-Feeding Time Yet?
Have any readers been out there looking to buy properties in fringe areas with desperate sellers? How about working directly with banks to take distressed properties off their hands? This Bushwick listing on Craigslist caught our eye. The bank owns it and is asking $349,000. Our guess is that it’ll end up going for a…
Have any readers been out there looking to buy properties in fringe areas with desperate sellers? How about working directly with banks to take distressed properties off their hands? This Bushwick listing on Craigslist caught our eye. The bank owns it and is asking $349,000. Our guess is that it’ll end up going for a lot less, given its condition, but we don’t have a sense of where the real bottom of the market is. Why not $200,000? Or $100,000? Thoughts?
$349000 Bank Owned 2 Family [Craigslist]
Hi to every one,
This is peter. Are you looking for information regarding home loans and mortages. We can ell provide you with the information. For details on them please visit us.
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Peter
Home Loans
just telling it like it is…
Certainly someone named cornerbodega would know a lot about crap. Tell us, where do you rent, cornerbodega?
Love how all the people who live in crappy areas ie. bushwick, bed-stuy etc say “I live there, its great and getting greater by the day!”. Move on people, the speculative bubble has popped. Back to its intrinsic value of crap…
Smallie, that is the cheapest place I have ever seen. Also kind of cute. With serious foundation problems — or is the tree crooked?
How do you bottom-feed in the abyss?
***Bid half off peak comps***
boofer….that’s a nice looking place
Santa….have you checked into what the taxes are up in Albany!!!!!??????? That’s one of the primary reasons things in Albany are so cheap.
On the other hand, Albany has the Orchard tavern!!!!
That is right down the block from this fixer:
http://www.brooklynproperty.com/content/ProDetails.aspx?pid=85
Also a two family, but with a storefront and for under 300k! Any takers?
mopar, I don’t think so? (at least I don’t ‘recognize’ you via web name!)
But sounds like we’ve probably walked past each other at some point in time.