In August we closed on this 1900 SF 3 story Pre-Foreclosure bungalow in Elmwood on 161st and 83rd avenue.
The bungalow was perfect for us because of its after renovation potential and we were able to buy the house in Pre-foreclosure, helping the previous owners escape their bad debts with the government. The house had a 900 SF addition put on in the 1980s and our plan is to redevelop the basement plus the addition into a fully operating rental unit, then re-design the main floor into a fully functioning home, so it could be owned as a worry-free revenue producing rental property with two tenants!
Our scheduled renovations include: total repaint, new floors, a basement kitchen, an additional washer/dryer station & other much needed upgrades!
We purchased this house as a Pre-Foreclosure meaning we were able to buy the house from the owners before the banks were able to take it away from them. Is your house in foreclosure? We can help you understand exactly how to get out of foreclosure, talk to the bank about gaining more time, or help with creative buying situations to help you overcome a foreclosure. Get in touch and learn more!
View our before & After pictures here!
Find out How Much We’ll Pay for Your Pre-Foreclosure House Now!
Give us a call and learn what we would buy your house for or how we can help with your foreclosure situation.