of all Finger Lakes Foreclosures...
When a borrower cannot repay their loan,
the bank must put the property up for sale on the open market, this
is know as a foreclosure. Typically a foreclosure is sold at a discount
and creates a great opportunity for buyer to make a good investment.
However, there are very few foreclosures in the Finger Lakes, most
of the foreclosure properties are in need of repair and have additional
closing cost compared to a traditional sale. Be sure to always discuss
having a professional home inspection with your real estate sales
agent and the drawbacks of purchasing a foreclosure property.
links to all of the different Bank Foreclosures in the Finger Lakes