How can i get a list of foreclosed homes in nyc, without paying for the information?

Asked by Captynhook, New York, NY Sun Nov 28, 2010

that is if paying for info even works!

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7
Rob, , New York, NY
Fri Jan 21, 2011
I agree with many of the agents below: use an agent. Its free in almost all cases and we have far better access to this information than members of the public do.
0 votes
Joseph Hasti…, Agent, Bayside, NY
Mon Nov 29, 2010
Shiver me timbers Captyn! Good luck on yer voyage and may the wind be at your back matey. Finding forclosures in Manhattan would be analogous to finding the proverbial needle in a haystack. Don't be too surprised if you don't get a straight answer. We have to work our collective butts off to get those listings. If you think someone is going to give up their hard work, think again and get with a realtor.
0 votes
Anna M Brocco, Agent, Williston Park, NY
Mon Nov 29, 2010
For accurate and free information regarding foreclosed properties, consider working with an agent of your own--he/she can provide listings, keep you informed as new listings emerge on the market, schedule showings, etc. While searching for properties don't overlook some traditional sales, as some may turn out to be much better bargains.
0 votes
Ed Morgan, , New York, NY
Sun Nov 28, 2010
Hello there. There is a way, but not by signing up, paying a fee, and getting a list. Banks will not sell to an individual; you would have to buy blocks of mortgages. We should talk 9172944225.
0 votes
Gregory Spek…, , New York, NY
Sun Nov 28, 2010
That is precious information, speaking as a person who has sold bank owned properties. Unfortunately for you most realtors who have access to this information already have a short list of investors with whom they work. Your best bet is to go directly to the banks.

No disrespect to my colleague in Las Vegas, not every realtor has access to this information so just opening the yellow pages will not do much for you. You need to find the realtor who has bank listings.

Lastly, if by NYC you are referring to Manhattan you will have better luck finding money in the street. There are precious few properties that were foreclosed on and came onto the market in Manhattan. The outer boroughs would be your only shot.

Feel free to contact me if you need more info and good luck.
0 votes
Jenet Levy, Agent, New York, NY
Sun Nov 28, 2010
Captynhook,
If the property is already in foreclosure, it is owned by the bank. It would not be in our REBNY (Real Estate Board of NY) system. Your best bet is to contact banks directly. I am not sure if you are referring to Manhattan specifically. In Manhattan there are almost no foreclosures, because the vast majority of properties you can own in Manhattan are co-ops, and co-op boards have more stringent requirements than banks. The other boroughs have had a minor short sale/foreclosure problem, but nothing like the rest of the country.
0 votes
Myra Gouger, Agent, Las Vegas, NV
Sun Nov 28, 2010
Hire a realtor. They have access to the information. Your agent is generally paid by the seller so what are you waiting for? Where else but in real estate can you get smart, intelligent, skillful, helpful people to work for you for FREE. It is one of the few bargains still left in America!!
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