Foreclosure in Brooklyn>Question Details

Judy, Home Buyer in Brooklyn, OH

Where can I find listing of foreclosed homes in brooklyn, ny?

Asked by Judy, Brooklyn, OH Sun Jun 15, 2008

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3
the site below may help.....good luck!
0 votes Thank Flag Link Wed Feb 4, 2009
Cindi Hagley, Real Estate Pro in Pleasanton, CA
MVP'08
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If you are looking for homes that have already gone through the foreclosure process and were unsuccessfully sold, you can check the web sites of most major national mortgage companies. These are called REOs (stands for Real Estate Owned).


You can also try and catch the property before it is foreclosed by the bank at auction. These auctions take place on Thurs. @ 3:00 p.m. in Room 274 at 360 Adams St.


However you can really find some great opportunities and prevent the home from the extra expense (forecloses can cost the bank an average of about $60k), plus save the homeowner from having a "foreclosure" on their record, by reaching those homeowners before it gets forecloses. Sometimes real estate agents, like myself, subscribe to services that provides them with properties that has "lis pendens". This is what mortgage company files to let anyone who is looking at the property records that their is a pending law suit.

To give you an idea, I just found 110 properties with lis pendens files within the last 7 days in Brooklyn.
0 votes Thank Flag Link Fri Jul 4, 2008
Try Kings county courthouse; you might find forclosed homes but those up for auction. Other option could be to search county records or a Real Estate attorney dealing in forclosures. Good luck
0 votes Thank Flag Link Sun Jun 15, 2008
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