Description

ERG Commercial Real Estate is proud to announce the recent sale closing of 70-03 Myrtle Ave, Ridgewood, NY. This property was in foreclosure and the owner had little time to save the equity that was left. A deal was negotiated by ERG’s John Bachas to SAVE the owner from Foreclosure, SAVE the seller from exponential future tax consequences and SAVE the seller from a personal guaranteed loan that would have come after his personal assets. This transaction was done in 30 days and had a contract-closing same day.

If you are in foreclosure or having hardships due to Covid-19 and would like a consultation on Foreclosures, Private/Traditional Financing or Government-Tenant Financial Assistance please contact John Bachas.