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I CAN FIND A FORECLOSURE!
I am an expert on Foreclosures having spent the last 40 years as an real estate attorney. We maintain a data base of all homes that are in foreclosure in the five Boros of the City of New York, Nassau, Suffolk and Westchester Counties. Let us talk about foreclosures. I keep track of every home for sale in Nassau County and although I am a member of Multi Listings Service (MLS) I know of homes that aren't yet listed on the area (MLS). If you will fill out the form below with as many details as possible, I will search my data for homes in Foreclosure, and Bank Owned Properties as well as other homes that meet your needs and budget.
I CAN HELP YOU FIND A BANK OWNED PROPERTY A/K/A A REO
Our economy is in trumoil. There are record numbers of foreclosures across this great nation. People can't pay adjustable rate mortgages as the rates increase and salaries remain stagnent. Many people are out of work. To make things worse, the market value of properties in New York State and across the Country have declined by 20% or more over the past two years. A home that was worth $300,000 is now worth $240,000 and often has a mortgage of $300,000 or more. Banks are the largest class of property owners in the State of New York because of all the properties they foreclose upon and purchase at their own foreclosure sales. The bank must then bring the home up to builder's grade, keep it insured and pay taxes on it. They are willing and motivated sellers if you talk to them the right way and after 40 years of dealing with banks, I know the right way. Often you can purchase a Bank Owned Property cheaper than one that is not Bank Owned because the Band is a highly motivated seller. Let me show you how.
I CAN HELP YOU NEGOTIATE A SHORT SALE TO PURCHASE A PROPERTY FOR LESS THAN THE MORTGAGE BALANCE.
During the course of a foreclosure, the money owned on a single mortgage or a multiple mortgages exceed the value of the property. A Short Sale is a deal between the homeowner who faces a deficiency judgment if the property is sold at a foreclosure sale for less than the amount owed, a Bank that has been professional convinced that the ultimate sale of the property will exceed the market value and is anxious to receive at or below market value for a current sale, a willing buyer and a willing seller. You the buyer pay market value based on current value, often less, the bank takes less than the amount owed and the seller is released from further obligations to the bank. I can help structure a Short Sale deal. Let me show you how.
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