I sold my house at 30722 old town spring rd, chaumont ny, in feb.2006, and now the house is abandoned and the

Corine Channell
Other/Just Looking
14838

bank owns it. If I was interested in buying it back, where would I start, and how do I find out how much it is?

Answers (1)
Noreen & Wayne
Agent
Yorktown Heights, NY
FIRST ANSWER

The first step is calling the bank that holds the mortgage. You should have gotten that information on the offer or contract. Contact your closing attorney or the Realtor that represented you. Most times tho, if the new owner defaulted, the lender will put it on the market for sale but it can take 6months or more! They may have to clean it out, winterize, repairs, then they get 2 or 3 price opinions from different realtors, then price is determined and it will go on the market with some real estate agency. At some point a sign will be placed in the window on who to contact. I list a number of foreclosures and I get them at different stages of the foreclosed process. Hope this helps. Feel free to email any other questions NorWay@NoreenandWayne.com

Tue Jan 20 2009, 06:49

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