117 Casino Street Freeport Ny



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  2. 117 Casino Street Freeport Ny
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This Condominium is located at 31 Casino St 4D, Freeport, NY. The estimated value of this home is currently priced at 364,278. 31 Casino St 4D is within the school district Freeport Union Free School District with nearby schools including Columbus Avenue School, John W Dodd Middle School, and Freeport High School. Now For Sale: 5 Photos. 4 bed, 1 bath, 1,583 sqft house at 117 Casino Street. Nice locaction, 4 bedroom/ 1 bath Cape with full basement, EIK Kitchen. Learn more about this Single Family Home located at 117 Casino Street which has 4 Beds, 1 Baths, 1,583 Square Feet and has been on the market for 80 Days. Photos, Maps and Videos! 117 Casino Street, Freeport, NY, 11520 - Photos, Videos & More! 129 Casino St, Freeport, NY is currently not for sale. Single-family home is a 5 bed, 4.0 bath property. This home was built in 1949 and last sold on for $105,000. View more property details, sales history and Zestimate data on Zillow.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender. At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

Steps as you search for your pre-foreclosure property:

  • Contact the current owner of the property to discuss the terms that might be acceptable. If the property is already listed with a Realtor, contact that broker to get specifics as to the asking price of the property, its condition, and the willingness of the seller or lender to negotiate a short sale.
  • Schedule a visit to the property so you can see for yourself what condition it is in. Drive around the area to make certain it is a community that is right for you. (Please keep in mind that the owner may still be living in the property and their privacy should be respected).
  • Have a qualified appraiser or real estate professional supply a valuation. Money spent on a real estate appraisal in such circumstances is money well spent.
  • Have an attorney or title company search the title to the property noting any other liens, restrictions, or encumbrances that may exist.
  • Have your financing lined up so that you know you will be in a position to close when settlement time arrives.
  • Present an offer to the seller. If your offer is less than the amount of the debt on the property, ask the owner to present your offer to his lender.

Property owners and lenders are both in awkward positions when a loan goes into default. The property owner would like to avoid the foreclosure as it will have very negative consequences for his credit, and can severely limit his chances to obtain credit for a long time into the future. The lender knows it will probably be taking a loss because, if the property was worth the debt on it, the owner probably would have already sold it to avoid the foreclosure. Short sales are very common in pre-foreclosure situations and this leaves the door open for opportunities for you as the lucky real estate investor.

Single Family
As is shown in our records this property stands at 117 Casino St, Freeport, New York. It was built in the forties. Street Robert Cerchia is known as the last owner to this possession according to our records. This more than fifteen hundred square feet property offers EIGHT rooms including four bedrooms and two bathrooms. The estate's data shows the names of 7 recent tenants. According to datas one business that may no longer be listed at this location. The attached parking area is about 440 sqft.

PUBLIC RECORDS for 117 Casino St, Freeport NY

Facts

Casino
Built in 1949Stories: 2Lot size: 54 sqftStructure type: Cape codFloor size: 1,583 sqftHeat type: OtherRooms: 8Cooling: CentralBedrooms: 4Parking: 440 sqft

Listing info

Other details

Units: 1

Resident History for 117 Casino St, Freeport NY

ZipStreet

Who has lived here

Person NamePhoneMore Info
Christopher Alexander, 42
Joanne Cerchia(516) 546-2256
Joanne T Gullo, ~68(516) 546-2256
Robert M Gullo, ~39(516) 546-2256
Robert Cerchia, ~58(516) 353-2422
Homeowner
Production Occupations
Associate degree or higher
James F Gullo
Rosario F Gullo, ~68

Historical Records. Businesses

OrganizationMore Info
Auntie Lesha's Playpen, Inc
Domestic Business Corporation
Apr 27, 2011

117 Casino Street Freeport Ny Homes For Sale

Casino

117 Casino Street Freeport Ny

Neighborhood

117 Casino Street Freeport Ny Restaurants

AddressResidents
1 Casino St, Freeport, NY 11520Jill Avila
31 Casino St, Freeport, NY 11520Accented E Computing Services, Inc, Pioneer Capital, Llc
50 Casino St, Freeport, NY 11520Ivy Burgin, Vangelene L Hunter
62 Casino St, Freeport, NY 11520D Aymer, Daniel N Aymer
92 Casino St, Freeport, NY 11520Mauricio Cardona, Allan Yong
103 Casino St, Freeport, NY 11520Allen Breunig, Cynthia E Breunig
118 Casino St, Freeport, NY 11520John C Donegan, Josephine C Donegan
122 Casino St, Freeport, NY 11520Le R Bueter, Nancy Murtaugh
140 Casino St, Freeport, NY 11520Lynda M Hassell, Richard Hassell
143 Casino St, Freeport, NY 11520Jimmie Glover, Merritt J Glover