Property Details

Overview

Investment opportunity in Brooklyn, NY!! Property appears to be a duplex each with three bedrooms and 1 bathroom. Appears to have a full basement but maybe unfinished. Property was built in 1930. Cloud in title being cleared up from recent foreclosure that requires a strict foreclosure to be completed. Can take up to 12 months or sooner to resolve. The buyer will receive letter from Foreclosure attorney that they will clear title and Buyer will take the property subject to the title issue, the issue will be listed under exception in the policy that is being issued. Once the issue is resolved based on given ETA the underwriter will issue an elimination endorsement eliminating the title issue. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction. AS-IS REO property.