Foreclosure in Queens : Questions & Answers

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Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
is this apartment really $5.00 a month? or how does this work/
No link is visible, however highly unlikely that the cost is $5.00 per month....
1 vote Share Flag Mon Feb 17, 2014 Foreclosure in Ridgewood
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Are there any reasonably decent one or two family houses on short sale or foreclosure sale in the area 11001, 11003 or 11002? Ready to buy on cash.
Since such properties do end up being listed by a broker, consider working with an agent of your own, or check www.mlsli.com
1 vote Share Flag Thu Jan 23, 2014 Foreclosure in Douglaston Little Neck
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I live in a rent stabilized dwelling that has three apartments in the building and in which is in going through foreclosure. I have a lease that is
When it comes to any legal rights, it's really in your best interest to consult with an attorney who specializes in real estate, he/she can better advise....
0 votes Share Flag Wed Oct 23, 2013 Foreclosure in Queens
Keith Simon, Real Estate Pro in Queens County, NY
Keith Simon answered:
who can i contact to purchase this home.?
Leona, I do not see the home you are referring to. However, if you contact me we can work together in finding you that house or any other house which you will make your home. Thanks.
0 votes Share Flag Mon Sep 23, 2013 Foreclosure in Bayswater
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
I would like more info about this: 115th St South Richmond Hill, NY 11419 (South Ozone Park) Single-Family Home Foreclosure / Bank Owned $340,000
Unfortunately there are some bogus listings on this site and there is not much that can be done, except report it to Trulia. If I can be of assistance please let me know.

Regards,
M ... more
0 votes Share Flag Thu Sep 12, 2013 Foreclosure in South Ozone Park
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
132nd St Queens, NY 11420 (South Ozone Park) 1,216 sqft Multi-Family Home Foreclosure / Lis Pendens $366,985
Unfortunately there are some bogus listings on this site and there is not much that can be done, except report it to Trulia. If I can be of assistance please let me know.

Regards,
M ... more
0 votes Share Flag Thu Sep 12, 2013 Foreclosure in South Ozone Park
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
I would like more information about this. I found it on Trulia and it just says 131st St Queens forclosed for $367,993.
Unfortunately there are some bogus listings on this site and there is not much that can be done, except report it to Trulia. If I can be of assistance please let me know.

Regards,
M ... more
0 votes Share Flag Thu Sep 12, 2013 Foreclosure in South Ozone Park
HelpUBuy Ame…, Real Estate Pro in Frisco, TX
HelpUBuy America answered:
hi i am want to buy this house
Best place to start is to hire an Exclusive Buyer Agent to represent you. EBAs represent home buyers only, and work to get you the best price and most favorable terms. You can go to N ... more
0 votes Share Flag Thu Aug 29, 2013 Foreclosure in Woodhaven
Mark Wacker, Real Estate Pro in Queens, NY
Mark Wacker answered:
On Trulia I saw this about Sutter around South Ozone Park forclosed for $355,632 and would like to know more about this.
I can tell by the odd price it sold for it ,went back to the bank or lender. When there is bidding by individuals and sold the selling price will be an even number (ie $356,000). The ... more
0 votes Share Flag Sun Aug 4, 2013 Foreclosure in South Ozone Park
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
Can a bank pull out on a foreclosure sale even if we signed a contract and gave them our full deposit?
Unfortunately the answer is ethically the did the right thing for their shareholders (the bank that is). By recovering the most monies possible they are doing the ethical thing, of cour ... more
0 votes Share Flag Fri Aug 2, 2013 Foreclosure in Queens
Christopher…, Real Estate Pro in Queens, NY
Christopher Bido answered:
I am a first time buyer. Does the City, State, or, Federal have any assistance programs for first time buyers? I'm looking into foreclosures.
Hello, Leyla,

On the NYC.gov HPD website, in the Homebuyer's section there are guides with priceless information on where to start, what to be prepared for, etc. You can view the sit ... more
0 votes Share Flag Thu Aug 1, 2013 Foreclosure in Astoria
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I found a house with two loans attached to the same mortgage. the first is from nationscredit, the second is recorded to same lien with first. how?
If they sell it the liens must first be removed. I am guessing you mean there are two loans attached to the same property. This is called a 1st and 2nd deed of trust.
0 votes Share Flag Sat Jul 27, 2013 Foreclosure in Queens
Belal Mohd 9…, Real Estate Pro in Queens, NY
Belal Mohd 917-763-2260 answered:
This apartment is in Foreclosure where can I get the contact to buy this apartment 97th St #6D?
It says 180+ days on Trulia. Chance is slim that it is still available. However, there is a link to Realty Trac for more info. Read all pros and cons first.
0 votes Share Flag Wed Jun 19, 2013 Foreclosure in Queens
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Can someone call me please at (917)975-7470...I have a few question , thanks Orly
Keep in mind that when looking at RealtyTrac ads some of the information may be misleading, and some may be inaccurate; some of the properties have a lis pendens--notice of default; the ... more
0 votes Share Flag Wed May 29, 2013 Foreclosure in Kew Garden Hills
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
i AM LOOKING FOR HOUSE BUT FORECLOSURE TWO FAMILY HOUSE IN ELMH WHERE TO CONTACT THE FORECLOSURE PROPERTY IN ELMHURST OR JACKSON HEIGHTS AREA NY
Since most foreclosures do end up being listed by a broker consider working with an agent of your own. Keep in mind that when looking at RealtyTrac ads, some of the information may not ... more
0 votes Share Flag Sun May 5, 2013 Foreclosure in Elmhurst
Curly Sue, Real Estate Pro in Texas
Curly Sue answered:
Looking to purchase an home the first time. I'm starting to establish my credit because i have filed bankruptcy. So far so good. Any advise?
My advice is to have PERFECT credit after your bankruptcy...no late pays! You should be eligible to purchase a home 3 years after discharge - if it was Chapter 7.
0 votes Share Flag Wed Apr 24, 2013 Foreclosure in Ozone Park
Marco Gomez, Real Estate Pro in Bayside, Queens, NY
Marco Gomez answered:
how am i able to find out the liens on a house that is gong through foreclosure?
your best bet is to have your attorney contact the title company and run a lien search to get an accurate number.
0 votes Share Flag Mon Apr 22, 2013 Foreclosure in Woodside
Gail Gladsto…, Other/Just Looking in 11743
Gail Gladstone answered:
With so many homes in foreclosure, why have lenders been dribbling foreclosed properies back on the market?
The reason is how it affects their financial bottom line in the eyes of their shareholders.
0 votes Share Flag Wed Apr 3, 2013 Foreclosure in Queens
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I own medallion and two homes and one is going into foreclosure, I am just wondering what will happen
In order to best protect yourself, consult with an attorney who specializes in real estate for necessary legal advice, see exactly what options you may have; a short sale may be one of ... more
0 votes Share Flag Tue Mar 26, 2013 Foreclosure in Queens
De Vonte Wil…, Real Estate Pro in Setauket, NY
De Vonte Williamson answered:
Question for a friend who lost their home to foreclosure and the home was sold for more than they owed the bank. Can he get part of the difference?
Hello Kevin. The deed in lieu does not stop a foreclosure. When a deed in lieu is executed, the property then belongs to the bank. Your friend should seek the counsel of an Attorney who ... more
0 votes Share Flag Thu Dec 6, 2012 Foreclosure in Queens
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