EXCITING OPPORTUNITY: SHORT SALE PROPERTY AVAILABLE FOR BUYERS/INVESTORS!

Asking Price: $499,000
817 Union Ave Bronx, NY Usa

About 817 Union Ave:

Attention buyers and investors! We have an exciting opportunity for you. Please pay close attention to the following details regarding a property that is currently undergoing a short sale review.

First and foremost, it is crucial to understand that this property is being sold as a short sale and not as a real estate owned (REO). This means that the property is in need of repairs and will be sold in its current "as-is" condition. However, don't let that deter you, as this presents a unique chance to purchase a property at a potentially lower price.

We want to be transparent about the process and the limitations we face due to investor and servicer guidelines. Once a contract has been signed, the status of the property under short sale review cannot be changed from "available" to "under contract." Please keep this in mind as you consider making an offer on this property.

Please note that we are contracted by the seller and, as such, we do not provide advice or guidance regarding offers. Our role is to facilitate the sale and ensure a smooth transaction for all parties involved.

Access to the property will only be provided once an offer has been accepted. Therefore, we encourage buyers to submit their offers in writing via email. In your email, please include the property address and the offer amount. It is important to understand that the selling party of the property, not the bank, will review offers.

We understand that many individuals are interested in this property, and we appreciate your enthusiasm. However, due to the overwhelming number of inquiries, we are currently only entertaining offers on our properties. We apologize for any inconvenience this may cause and appreciate your understanding.

If your offer is accepted, you will be granted a due diligence period. During this time, you will have the opportunity to expedite a contract for submission to the bank. We will require proof of funds and other necessary documents from you to help expedite the short sale process.

It is important to emphasize that the bank plays a crucial role in the short sale process. Therefore, we must provide them with all the required documents to facilitate the transaction. We appreciate your cooperation and understanding as we work together to finalize the sale.

In conclusion, if you are interested in purchasing this property or any of our other short sale properties, please submit your offer in writing via email. Include the property address and the offer amount. We appreciate your patience as we review all offers. Rest assured that we will do our best to respond to each offer in a timely manner.

Thank you for your interest, and we look forward to potentially working with you to navigate the short sale process and secure a great property at a competitive price.

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Features of Property

Type

Single family residence

Year Built

Built in 1920

Heating

Has heating (unspecified type)

Other

No data

Parking

No data

Lot

4,004 sqft

Price/sqft

$208 price/sqft

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Features of Building

Bedrooms and bathrooms
Bedrooms

0

Bathrooms

0

Basement
Basement

Partially Finished

Heating
Heating features

Has Heating (Unspecified Type)

Other interior features
Total structure area

2,394

Total interior livable area

2,394 sqft

Finished area above ground

2,394

Property
Stories

3

Frontage length

0

Lot
Lot size

4,004 sqft

Other property information
Parcel number

026660029

Lease amount

$0

Special conditions

Short Sale

Type and style
Home type

SingleFamily

Property subType

Single Family Residence

Condition
New construction

No

Year built

1920

Notable dates
Major remodel year

2008

Utility
Electric information

Amps(0)

Location
Region

Bronx

Subdivision

Woodstock

HOA
Has HOA

No

Other facts
Listing Agreement

Exclusive

Available date

05/10/2022

Property Agent

Eric Lee

SOWAE CORP

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