Property Q&A in Forest Hills>Question Details

Mohamed, Home Buyer in Forest Hills, NY

im intersting how we can finiched the deal

Asked by Mohamed, Forest Hills, NY Tue Oct 2, 2012

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Keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent, as most do end up being listed by a broker--he/she will have access to reliable information--also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties.
0 votes Thank Flag Link Tue Oct 2, 2012
Hi Mohamed, a lis pendens is simply a notice of legal action, it doesn't mean that the property is for sale, or that it will be for sale in the near fututre. I think your best course of action is to get a buyer's agent that can use your criteria to search for properties that are actually for sale. The buyers agent should by fully compensated by the seller, so there would be no cost to you for using their expertise.
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
0 votes Thank Flag Link Tue Oct 2, 2012
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