52894

$46,000

Details

  • $46,000
  • Bank Foreclosure
  • Detached , Detached - 2 Storey Split
  • Size: 1,400 Sq Ft.
  • Lot Size: 10 Sq Ft.

A Bank Foreclosure is a property that has been repossessed by the bank because the owner was not able to make the required mortgage payments for the property. When this happens, the bank is now considered as the owner of the property. Most of the time, banks are not ready to own homes. That is why typically, they are eager to sell these homes to buyers at a very attractive price. Although their asking (list) price is provided, you may also present a reasonable offer below this list price. If there is no Listing Agent available, you can make offers yourself and contact the bank directly.This property needs a lot of work but is a great opportunity for someone looking to establish a hobby farm or work a market garden on a rural property with acreage and privacy only 30 minutes from Fredericton’s Brookside Mall. The house sits on a concrete and rock foundation, has vinyl windows, a steel roof, vinyl siding a wood furnace and two heat pumps. A lot of work has already been done to the property. This property was a bank foreclosure that was purchased by a person from out of Province. Their plans have changed, and they will not be relocating to NB and are now reselling the property. Since they have never lived in the Province they have no knowledge of the property and it is being sold “”As Is, Where Is””. (22637336)

Notes: This property needs a lot of work but is a great opportunity for someone looking to establish a hobby farm or work a market garden on a rural property with acreage and privacy only 30 minutes from Fredericton’s Brookside Mall. The house sits on a concrete and rock foundation, has vinyl windows, a steel roof, vinyl siding a wood furnace and two heat pumps. A lot of work has already been done to the property. This property was a bank foreclosure that was purchased by a person from out of Province. Their plans have changed, and they will not be relocating to NB and are now reselling the property. Since they have never lived in the Province they have no knowledge of the property and it is being sold “”As Is, Where Is””. (22637336)

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