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Foreclosure in Blue Point : Real Estate Advice

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Activity 3
Tue Oct 14, 2008
Paul E. Bocka answered:
Go to www.hudnys.com or call 866-774-3061 toll free to contact HUD's Licensed Foreclosure Listing Broker for Home Buying & Selling.

A HUD home is a 1-4 unit residential property acquired by the U.S. Department of Housing and Urban Development as a result of a foreclosure action. HUD becomes the property owner and offers it for sale.

RE/MAX Advance is proud to be HUD's licensed Listing Broker for several NY counties. Jennifer Isaac and Bob Weston service the contract with almost 30 years combined experience as licensed Sales Associates. Jennifer has specialized in HUD and foreclosure sales for the past 11 years, and is a 2008 REALTOR(R) Magazine "30 Under 30" honoree.

RE/MAX Advance has licensed HUD specialists throughout 17 counties in New York State. Call 585-545-6777 or 866-774-3061 to be connected with a professional in your area today.

Visit our Resource Center - www.HudNYS.com - for helpful links to attorneys, bankers and other HUD-experienced professionals to ensure a smooth, timely transaction. www.HudNYS.com is New York's most up-to-date website for HUD Home Information.
New listings are posted every Friday and availability is updated daily.

Counties served include:
ALBANY BROOME CATTARAUGUS CHAUTAUQUA CHEMUNG CHENANGO CLINTON CORTLAND DUTCHESS ERIE ESSEX FRANKLIN FULTON GENESEE HERKIMER JEFFERSON LIVINGSTON MADISON MONROE MONTGOMERY NIAGARA ONEIDA ONONDAGA ONTARIO ORANGE ORLEANS OSWEGO PUTNAM QUEENS RENSSELAER RICHMOND SAINT LAWRENCE SARATOGA SCHENECTADY SCHOHARIE SENECA STEUBEN SUFFOLK SULLIVAN TIOGA WAYNE WYOMING

Cities/Towns served include:
ALBION ALEXANDRIA BAY AMENIA AMHERST AMITYVILLE AMSTERDAM ANGOLA BALLSTON SPA BATAVIA BINGHAMTON BRENTWOOD BROCKPORT BUFFALO BYRON CANANDAIGUA CANASTOTA CENTEREACH CENTRAL BRIDGE CHEEKTOWAGA CHERRY CREEK CHILI CLEVELAND COHOES CONSTABLE COPIAGUE CORNING CORTLAND DEPEW EAST ROCHESTER ELMIRA HEIGHTS FARMINGVILLE FINE FORT PLAIN FULTON GASPORT GATES GENEVA GOWANDA GREECE HAMLIN HILTON HOLLEY HOOSICK FALLS HYDE PARK ILION ISLANDIA JAMAICA JAMESTOWN KEESEVILLE KENMORE KENT LACKAWANNA LAKE PEEKSKILL LAWTONS LIBERTY LIVONIA LOCKPORT LODI LYONS LYONS MOUNTAIN MASSENA MASTIC MAYBROOK MEDINA MIDDLEPORT MONTICELLO MOUNT MORRIS NEWARK NIAGARA FALLS NORTH CHILI NORTH TONAWANDA NORTHVILLE NORWICH OGDENSBURG OSWEGO OVID PALMYRA PANAMA PENFIELD PERRY PHELPS PHOENIX PLATTSBURGH PORTER CORNERS POUGHKEEPSIE ROCHESTER ROCK TAVERN SALAMANCA SCHENECTADY SENECA FALLS SINCLAIRVILLE SLOAN SMITHBORO SODUS SPENCERPORT SPRINGFIELD GARDENS SPRINGWATER STATEN ISLAND SYRACUSE TONAWANDA TROY UTICA WATERVLIET WAYLAND WHITESBORO WHITNEY POINT WILLIAMSON WOLCOTT
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Thu Sep 18, 2008
Scott Godzyk answered:
Your best bet is to find a buyers agent who can give you constant updates when new listings come up. You should be able to negotiate with a buyers agent so that it does not costs you anything more as they get paid through the commission offered to buyers agents thru mls by the listing broker. Some other things you should know prior to bidding on a bank owned home are that you should do your inspections prior to bidding as the sale is as is and the bank will not negotiate with you after they agree on a price. You should include your preapproval with your offer. Your deposit should be at least 1% of the sale sprice and in certified funds. As well you should not ask teh bank to fix anything or include any contingincies as your offer may not be accepted. Lastly be ready to close within 30 days from acceptance. Good Luck with your purchase. ... more
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