$14,900


4 Beds   2 Baths   1,960 Sq. Ft.   Multi-Family

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State St
Erie, PA 16503

Potential Profit

$40,645

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Status: Inactive
Listing ID: 56531515

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Property Information

  • Price: $14,900
  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 1,960
  • Year Built: 1882
  • Property Type: Multi Family Dwelling

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Erie, PA
Home Inspectors

Matthew Renshaw Home Inspection Safety Services
Matthew Renshaw
814.520.7203
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Tom Sebald
814-864-1441
foreclosure.com

State St
Erie, PA 16503

4 Beds   2 Baths   1,960 sq. ft.   Multi-Family

$14,900

Status: Inactive Listing ID: 56531515

Property Information

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Property Description

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Listing URL

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