North Babylon NY Real Estate Market Activity For Week Ending 10/17/10
One short sale home in North Babylon on Herman Avenue is a Legal 2 by CO which means the home doesn't have to be owner occupied. You can either live there and rent the other portion or you can rent both portions. And it's 3 bedrooms over 3 bedrooms. This home will give anyone a nice rental income! It is listed at $339,000.
The REO property is in the Sunset City section of North Babylon NY on Ida Lane. It has 10 rooms and going by the photos, it doesn't need to be gutted. Just cosmetic work. It is listed at $339,900.
The other short sale home in North Babylon NY is located on August Road. It is currently listed at $399,000. Do not be afraid to buy a short sale home. Choose a real estate agent that knows short sales. They know the questions to ask ahead of time in order for you to make an informed decision before making an offer.
Under Contract:
The REO property in North Babylon that is under contract was on the market for 195 days. Since most major banks have put foreclosures to a halt, it's a good idea to do a title search before buying an REO property. Apparently, the REO properties that are on the market right now have no issues but you just never know.
Sold:
The home that sold in North Babylon is in the Sunset City section on Woods Road. I can tell you that from the photos this home is gorgeous! Gleaming wood floors, updated kitchen, a stone fireplace in the living room that would knock your socks off and an in-ground pool. The buyer is very lucky!
If you have been thinking about selling your North Babylon NY home, please call me today for a no-obligation, free comparable home analysis at (631) 703-0201
Enjoy your week!
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