People often ask me two questions related to REO’s in Central New York (CNY): HOW to find Syracuse foreclosures for sale and WHERE to find foreclosures in Syracuse for sale. They also ask about Syracuse short sales and what the difference is between all of the “real estate owned” (REO) terms such as short sale, foreclosure, HUD home, government owned, bank owned, etc. (AKA: “DISTRESSED” properties).
CHECK OUT these answers (AND MORE) BELOW these active Syracuse foreclosure, short sale, and other distressed property listings!
When buying a HUD home or other distressed property in Syracuse, getting the house to appraise high enough can sometimes be an issue depending on it’s condition. Check out my short article about Appraisal Problems in a Hot Real Estate Market!
A home inspection can be even more important when buying a government or bank owned property in CNY. My two recent articles cover home inspection tips: Learn About 3 Hidden Household Hazards and Most Common Defects Found During the Home Inspection.
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