Bargains?
I checked out
Realtec.com this morning and its site claims that there are 29 properties in Greenwich in "pre-foreclosure" mode. Now this just means that a notice of intent to foreclose has been filed on the land records, which is mostly an attempt to cut off more creditors from getting ahead of the lender. It does not necessarily mean that the property will be foreclosed and, historically, few Greenwich properties go so far. But these may be new times and some of the addresses: Perkins Road, Stanwich, Taconic, Buckfield Lane and the like could all offer some value. Depends on either the seller's willingness to get out early or the bank's desire to unload once they take title.