Here you will find all the Suffolk County NY foreclosure properties for sale. For a complete list, you can choose to view all the Suffolk County foreclosure properties for sale as a list, or displayed on a map:
Are you looking for a bank foreclosure home for sale in Suffolk County, New York? Bank Foreclosures Sale offers great opportunities to buy homes that may or may not need a little work but at times offer a big discount off market price of the home. You will find bank foreclosure REO homes for sale, government foreclosure homes for sale, and short sale homes for sale in Suffolk County NY.
Are you considering buying a foreclosed home in Suffolk County NY? The foreclosed properties are also called real estate owned (REO) properties. An REO property is already owned by the lender, as a result of the previous owner not paying the mortgage and defaulting on the loan. This is also known as a foreclosure property or a bank-owned property.
You will also find short sale homes for sale in Suffolk County NY. A short sale is a property that is still owned by the homeowner, but the homeowner is usually behind in payments, and owes more in mortgage than the house would currently sell for. Often a bank will allow a short sale if they believe that it will result in a smaller financial loss than foreclosing.
The short sale process involves the homeowner and the real estate agent attempting to get approval from the bank to sell the home for less than what is owned. The sales price depends on what the bank is willing to accept. Sometimes you can negotiate a substantially discounted price because the bank does not want to go through the lengthy and expensive foreclosure process.
Secluded Bayfront Gated Community w/beautiful views of the canal and bay from the Living Room and Master bedroom. This freshly painted home features 2 br's and 2.5 baths,...
Move right into this beautiful, 2 Br, 2 Bathroom, ground floor unit in Narragansett Villas, a 55 and better community with clubhouse, pool, etc. Freshly painted, new ca...
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