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Updated about 13 years ago on . Most recent reply

User Stats

30
Posts
1
Votes
Tal Eisenberg
  • Property Manager
  • Forest Hills, NY
1
Votes |
30
Posts

New To Short Sales - need help in NYC

Tal Eisenberg
  • Property Manager
  • Forest Hills, NY
Posted

Hi All,

My father and I have been looking to buy property in Brooklyn, NY.

We have been going to auctions. No success yet but learning more every time. I have a good team of resources i.e. title, mortgage broker/banker, attorney, etc.

Another strategy we're trying to employ is the short sale. I have a list of lis pendens that range from today to from a year ago. I want to pick your brains to see what you think the best strategy is, both nationally and specific to NYC.

These are multi family homes usually 2-3 family (sometimes with a store), USUALLY owner occupied. About a month ago, my dad and I drove to the houses we were interested in and dropped off letters saying I'm a private individual looking to buy a home in their area. I also included that I am aware that they are facing foreclosure and that I would like an opportunity to discuss a financial arrangement. I included my phone # and private email address. I am thinking I need to write a better letter.

I have also today registered the domain [REMOVED]. Can this be of use to me in my letters?

I would love to get your input!

Thanks in advance for your help.

Tal

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