Another REO Property Sold in
North Babylon NY!
This REO property in North Babylon NY is a 7 room Colonial with 4 large bedrooms. The master bedroom has a full bath. Also has a 2 car garage and an in-ground pool!
Located in the Poet Section of North Babylon NY.
Sold for $328,000 and the buyer's bank appraiser appraised it for $350,000. Yes, my buyers got a good deal!
The bank who owned the home actually finished the hardwood floors before putting it on the market. Very smart!
I have to say that this is my second buyer who bought an REO property and the experiences have been positive. No major issues.
With REO properties, a deep title search must be done. It is called a title chain. Research needs to be done thoroughly to make sure the buyer doesn't have problems in the future when it comes to owning the home. You don't want a former owner coming to the door stating they still own the home. This is why hiring a real estate attorney who is experienced with REO properties is essential.
My buyers couldn't be happier! The Poet Section of North Babylon will be getting a very nice family moving in!
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
Website: www.longislandrealestatelady.com
Website: www.lindenhurstnyrealestate.com
Blog: http://jackieconnellyfornuff.com
Skype ID: LIRealEstateLady
