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Crystal Hawkins-Syska
Keller Williams
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I am available locally to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.
Phone: 914-437-6100x622
License #: 30HA1014920
June 2014 Volume 8, Issue 7
6 month New York Foreclosure Trends
NOD
NTS
NFS
LIS
REO
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Would You Bank With Google Or Amazon?

We usually think of banks as our leading source of financial services, but what if they faced new competitors. Would you be willing to get a mortgage from Google or Amazon, Apple or Facebook? Complete Story

U.S. Median Home Price Appreciation Accelerates in April as Short Sales and Foreclosure Sales Slow

By RealtyTrac Staff

U.S. residential properties sold at an estimated annual pace of 5,213,793 in April, a decrease of less than 1 percent from March but an increase of 4 percent from April 2013. The median sales price of U.S. residential properties — including both distressed and non-distressed sales — was $172,000 in April, an increase of 4 percent from the previous month and an increase of 11 percent from April 2013 — the biggest year-over-year increase since U.S. median prices bottomed out in March 2012. Complete Story

Here are some of the most recent Investment opportunities in the area.

Pre-Foreclosure
Fox Run Ln
Carmel,
NY 10512
  • Amount
  • $46,460
  • Beds/Bath
  • Sq. FT
  • 1/1
  • 706
Property Type Address Amount Default Sq. Ft.  
Pre-Foreclosure
Oneonta Rd,
Kent Lakes, NY 10512
$220,440 N/A 1,833 GET DETAILS
Bank-Owned
E Croton Dr,
Carmel, NY 10512
$113,400 N/A 1,130 GET DETAILS
View more properties in Putnam County

14 Best Counties for Profitable Home Flipping in 2014

By Daren Blomquist, RealtyTrac Vice President

RealtyTrac has created an interactive county-level heat map showing returns on home flipping over the last 12 months in 1,050 counties nationwide, and selected the 14 best counties for flipping homes in 2014 based on return on investment, availability of inventory to flip and low unemployment rates. Although flipping was down nationwide in the first quarter of 2014 compared to a year ago — with 3.7 percent of all single family home sales that were flips compared to a 6.5 percent share of sales a year ago — flippers are making a bigger average profit per flip. In the first quarter of 2014, the average gross profit per flip nationwide was $55,574, a 30 percent ROI. Complete Story

Foreclosure Trends : April, 2014
National New York Putnam CTY
NODs 7,328 0 0
NTSs 22,309 0 0
NFSs 26,930 324 0
LISs 29,207 2,997 104
REOs 30,056 463 4
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Foreclosure Terms
Notice of Default (NOD)
A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)
Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS
Auction / Notice of Trustee's Sale (NTS)
A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS)
An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO)
The final step in foreclosure process in which property ownership returns to lender. More about REOs