Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

31
Posts
6
Votes
Robert Car
  • Fairfax, VA
6
Votes |
31
Posts

commercial/residential property

Robert Car
  • Fairfax, VA
Posted

Hi all.  I am looking at a property in New York state.  Several years ago it shows it was purchased for a certain amount of money.  Then a Federal Credit Union purchased it for $1.  Now it is showing it is for sale for over $200,000.  which is about 15 times the purchase several years ago.  It shows a realtor/broker to contact, who I am sure is going to want $200000 for the property.  Does one only communicate with the advertised broker or does one contact the financial institution directly?  Looking for pointers. This would be a first here.  Thanks!

Loading replies...