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Old 01-19-2010, 06:42 AM
 
6 posts, read 19,430 times
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Hi, anyone know of a good real estate agent focusing on forclosures in Westchester?

Also, how is the forclosure market in lower/middle Westchester? Is it realistic to think a place (4br) could be found for 410K?

Thanks!
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Old 01-19-2010, 07:21 AM
 
374 posts, read 1,058,762 times
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you are looking for a world of hurt here. I doubt any agent focuses on Foreclosures here because 1) they take so long 2) they make less money than regular houses. So they have to work twice as hard for half the money sort of thing.

From my experience foreclosed homes are usually in bad shape in the lower westchester area. And if they are not, I am sure contractors buy them up fast with 100% cash. Therefore, I would only recommend you go after a foreclosed home if it was in almost move in condition and you paid in cash.

I think a 4br for 410k is realistic. But in what area and how many square feet? I've seen rooms in houses that are like 40 square feet! Also, how much taxes?? I have seen lower priced homes with 15-20k taxes.
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