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 $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
53 Properties Found. Page 1 of 9

Ground Level Very Deceiving One Bedroom Garden ...

REDUCED 1% Photo of Listing #1136370

$226,000 Acceptance

  • 1 Beds
  • 1 Baths
  • 540 ft²


892 Armstrong Ave B3, Staten Island, NY

MLS® #1136370

Ground Level Very Deceiving One Bedroom Garden Condo With Sliding Doors To Patio. Apartment Offers Pool And Plenty Of Community Parking. Conveniently Located In Great Kills Near All Transportation, Shopping, Gym And Theater.

Look No Further, This 5th Floor Unit Is In Good...

REDUCED 2% Photo of Listing #1136295

$249,900 Active

  • 1 Baths
  • 491 ft²


175 Zoe Street 5m, Staten Island, NY

MLS® #1136295

Look No Further, This 5th Floor Unit Is In Good Condition. One Bedroom Unit With A Terrace. Call For A Private Showing Today. Limited To 2 Buyers At A Time Wearing Masks, Gloves And Social Distancing Of A Least 6 Feet. Pls Send Covid Disclosure/fair Housi...

20092r: Spacious One Family Townhome That Boast...

Photo of Listing #1137189

$279,900 Active

  • 2 Beds
  • 2 Baths
  • 999 ft²


36 Selvin Lp, Staten Island, NY

MLS® #1137189

20092r: Spacious One Family Townhome That Boast Large Eat In Kitchen, Living/dining Combo, 2 Bedrooms Plus Loft W/walk In Attic! Quiet Community W/pool & Tennis. Close To Everything - Transportation, Shopping.

Recently Renovated Lovely Three Bedroom One Bat...

REDUCED 2% Photo of Listing #1130049

$284,900 Acceptance

  • 3 Beds
  • 2 Baths
  • 960 ft²


323 Mersereau Avenue, Staten Island, NY

MLS® #1130049

Recently Renovated Lovely Three Bedroom One Bath Townhouse. The Property Is Located In The Heart Of Mariners Harbor. Close Distance To Schools, Shopping And Transportation.

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.