Home Buying in Malverne>Question Details

Eliza.tom, Renter in Brooklyn, NY

Quite a few houses are in Foreclosure proceedings will it bring down the value of houses we are looking at? how does one get to see the foreclosures?

Asked by Eliza.tom, Brooklyn, NY Mon Jul 28, 2014

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Work with a Realtor, they can get you into foreclosures that are listed in the market for sale.
2 votes Thank Flag Link Tue Jul 29, 2014
The answers are, it depends, and find a realtor to work with. It is possible some of the homes in foreclosure may be able to modify their mortgage and that will have no impact whatsoever on values in the neighborhood. As for seeing the homes in foreclosure, no home is available to purchase until the owner, whether that owner be a bank or an individual, lists it for sale with a real estate professional. So, the best way to see them is to find a good agent to work with.
2 votes Thank Flag Link Tue Jul 29, 2014
I work in the area, and can help explain all the aspects of Foreclosure properties.

If my response was helpful, consider clicking BEST ANSWER!

Thank you for your valuable time!

Oleg Volfman, CBR, RSSP
Lic. RE Agent, Office Manager
Quick Deal Realty, Inc
Office 516-599-5559
Mobile 917-685-0489
0 votes Thank Flag Link Thu Aug 28, 2014
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