Bank Owned Real Estate In Staten Island

Foreclosure, bank owned homes, and Real Estate Owned (REO) are practically the same.

Bank Owned Homes – The bank or lender foreclosed on the property and now has full ownership of the home.

A public foreclosure auction can occur when ownership of the property officially transitions to the bank. If the property is not sold during the public foreclosure auction, the property is then listed with a real estate agent. You can purchase the property from the bank through a real estate agent once the property has been listed. [Read More...]

(Source: Bank of America Real Estate Center)

Bank Owned Property In Staten Island

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$900,000 - $1,000,000 Over $1,000,000
55 Properties Found. Page 1 of 10

Subject Property Is Being Sold In As-is Conditi...

REDUCED 7% Photo of Listing #1133784

$129,900 Acceptance

  • 2 Beds
  • 1 Baths
  • 702 ft²


148 Fox Beach Ave, Staten Island, NY

MLS® #1133784

Subject Property Is Being Sold In As-is Condition. No Representations Or Warranties. Buyer Is Responsible For Any Liens Or Violations. Buyer Is Responsible For Nyc / Nys Transfer Taxes. Cash Deal Only.

Don't Miss Out Being A Part Of This Amazing Ric...

REDUCED 2% Photo of Listing #1135845

$239,900 Active

  • 1 Beds
  • 2 Baths
  • 929 ft²


108 Emily Ln, Staten Island, NY

MLS® #1135845

Don't Miss Out Being A Part Of This Amazing Richmond County Complex By Enjoying Your Life In Aspen Knolls! Enjoy Quiet Walks Along Tree Lined Paths; Summer Swims At The Pool Or Improve Your Tennis And Basketball Skills At The Nearby Courts By Owning This Si...

One Family Attached Home Is Located In Aspen Kn...

REDUCED 3% Photo of Listing #1129953

$279,900 Active

  • 3 Beds
  • 4 Baths
  • 1,512 ft²


657 Ilyssa Way, Staten Island, NY

MLS® #1129953

One Family Attached Home Is Located In Aspen Knolls. This Home Features Three Bedrooms And One And A Half Bathrooms. Located Close To Schools, Shopping And Transportation. This Community Offers A Community Pool, Club House And Much More. Call Today For A S...

Legal 2 Family Detached Home Available For Sale...

REDUCED 11% Photo of Listing #1132445

$279,900 Active

  • 2 Beds
  • 1 Baths
  • 790 ft²


194 Grandview Ave, Staten Island, NY

MLS® #1132445

Legal 2 Family Detached Home Available For Sale. Property Has 4 Bedrooms. 2 In The Main Unit And 2 On The Ground Floor. Could Be Good Investment For Investors, Close To Shopping, Expressway And New Jersey Outlets.

What You Should Do With Bank Owned Homes

Know your budget. Most of these homes are sold "as is." Meaning if the property is in need of renovation. Consider the additional costs required to complete them.

Inspections. It is an important step to hold an inspection to know what the home is missing or needs improvement on. Be sure to make a list of repairs that you would bring up to your agent.

Be ready. As with any real estate transaction, if you are a serious buyer and approved for financing, you need to be able to act quickly. Many investors are interested in REO homes and they are often able to move fast.

Bank Owned Homes - Buying Process:

  • Reach out to one of our licensed real estate professionals: Enough said.
  • Getting approved and prequalified: Your agent will guide you through the step that will help you determine your budget. This step takes a little longer than a typical real estate transaction because the bank has to approve the offer. Getting prequalified involves providing financial and other information like employment history and the funds you would use for a down payment.
  • Working with your agent: Your real estate agent can help you make a reasonable price and assist you with the approval process, if accepted.
  • Closing time: Once the offer is finalized, the contract is similar to any other home buying transaction.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but it not guaranteed accurate by the MLS.

Listing information is provided by the Staten Island Multiple Listing Service, Inc.