The following is the weekly update of Long Island Bank Owned Homes. Each week, I will be providing an updated list of the bank owned homes that came on the market on Long Island during the previous week.
Bank owned homes are drawing a lot of interest from first-time homebuyers and investors on Long Island. It is important to keep in mind that bank owned homes are sold in "as-is" condition, and the banks will not take care of any repairs. It should also be noted that some bank owned homes are in poor condition, and will not qualify for a traditional mortgage in its current condition. The good news is that there are mortgage banks that will finance these homes in "as-is" condition.
The bank owned homes listed at the bottom of this post are only the homes that came on the market this past week. However, there are a number of other bank owned homes available as well. If you are interested in bank owned homes, please feel free to contact me, and I will do a search based on your specific goals.
Long Island Bank Owned Homes (NEW On The Market - Week Ending 5/2/08)

About The AuthorAdam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.
Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.
Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com