Foreclosure in 11725 : Questions & Answers

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Javier Menes…, Real Estate Pro in Queens, NY
Javier Meneses answered:
In contract on foreclosed home in as-is condition. If hurricane caused damage b4 closing am I obligated to buy the home or does bank have to fix?
Rob, I do many 203k loans in Long Island and NYC area. I can tell you that I have a deal right now, were the bank is giving the buyer a credit for the damages caused in the storm. Banks ... more
0 votes Share Flag Wed Sep 21, 2011 Foreclosure in 11725
Kim Tavares, Real Estate Pro in 11746
Kim Tavares answered:
if you buy a preforeclosure house, what is the criteria, required and how much do you need?
You purchase a short sale home the same way you would any other home on the market. All the requirements, such as downpayment, will be determined by your mortgage company. Your loan o ... more
0 votes Share Flag Tue Mar 4, 2008 Foreclosure in 11725
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