All Forum Posts by: Christopher Corso

There is a meetup that occurs once a month in hicksville(as of now) check out meetup.com "real estate rocks"

I'm trying to get info from this woman, but is currently not in good sorts. I want to guide her to a good solution,but she is her own worst enemy.  I do not fault her since her condition is not her doing. I just don't want to see her land in worse shape.

I should mention that I am interested in purchasing the house. I believe it would make things a little easier for her. House value from zillow is about 477K , which is probably on the high end. Taxes are likely 10-15k annually. I believe her husband refinance the house before his pass. I'm not sure on equity, I'm going to try to get more information tomorrow. Homes on long island are quite expensive and houses have appreciated significantly during my life (32 Years).

I was wondering if owner financing would be an option for her, this would ensure her some income long term.

I have a family friend in dire straights, her husband died a few years ago and her son and her self have some mental issues, they are no longer working and she collects about 500$ in social security. I'm not sure if she owes on the mortgage or just taxes. But she is worried she is going to lose the house. I'm trying to help her while simultaneously getting my first foray into real estate investing. If she is in foreclosure what are my options?  if it's a tax lien what can I do? 

The house in in reasonable condition but there are a few small things that will need fixing, loose tile and toilet are a start.

I'm working on getting more details . But I hoping I can help her and myself at the same time. I was planning to find an investment property in the next few months, but it seems necessity may have changed that time frame.

-Chris