Melissa M, Home Buyer in Washington, DC

what is the process for purchasing a pre-foreclosure property in Queens, NY?

Asked by Melissa M, Washington, DC Sun Jan 27, 2008

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KB Collins’ answer
Pre-foreclosures (depending on existing mortgage) would be transacted normally. One must keep in mind that often the pre-foreclosure needs to be a short sale. Home buyer need to be prepared to invest time in trying to purchase a short sale, however the time invested may be wort it.

If you are in New York drop me a line and I will be more than happy to discuss your individual situation.

Servicing the NYC area,
Short Sale and Foreclosure Defense.
0 votes Thank Flag Link Sun Jun 13, 2010
you can visit our website, we have a list of real estate property owned by diffrent bank.
0 votes Thank Flag Link Thu Apr 3, 2008
In general doing real estate in NY is different than most states. If the pre-forclosure is is transacted like any other property.

Is it a short sale? is it a bank sale? Is there something that makes it different from all properties that are for sale?
Web Reference:
0 votes Thank Flag Link Sun Jan 27, 2008
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