How likely is it to find a house on Eastern Long Island for 200k (Shirley: bank owned)

[Cas226]

Like a 2bed 2bath house.. Specifically in the Wading River area. Am I crazy or is there hope?

[Elke Mariotti]

There is hope!

Limited inventory in Wading River, but it's possible

[sweatingforabuck]

You'd have better luck looking for a coop or a condo. Maybe 2 bedroom -forget 2 baths.

[OhBeeHave]

There's a 3 bedroom home on Wildwood Rd for $179K. Needs work. Check the mls and weed out the seasonal cottages.

[pidge1114]

Ask for a the member LIQuest. He knows where those home are - he has a lot of experience in researching them

[sithlord72]

I think you're crazy

[hotkarl]

A real house for 200k in a decent area (like Wading River) is hard to come by.
If you look at the fine print on some of the MLS listings you'll see it is either a short sale or bank owned.
That's on the listings that you see low priced but in good shape.
If you don't mind Shirley or Mastic you can buy a very nice home for 200k or less.
I've seen beautiful homes with inground pools and stuff in Shirley for low 2's or less. And those are not short sales or bank homes.

[Cas226]

Thanks to everyone who gave actual advice.