242 Commercial St, Theresa, NY 13691 $24,900
Asset manager contact
Jamie Thomas is straight up, and I will stay in touch, and definitely do business with her again.Buyer, 2015
Jamie is a great person walked me through the whole process and answered all my questions. I’m happy with my purchase and will keep in touch. Thanks again to Jamie and the Castelrock Reo team.Buyer, 2016
I was very happy with the whole process. Everything was handled online with minimal work from me other than a lien search on the property and wiring the money. My CastleRock project manager explained everything and the sale was finalized within a week. Jamie you’re the best. I am not looking for anymore properties but if I was, I would definitely use CastleRock.Buyer, 2015
As a real estate broker who has worked with many REO companies over the years. Jaime Thomas of CatleRockREO was excellent to work with regarding a property here in Colorado. CastleRockREO’s contracts were also very easy to read and understand, and the performance requirements direct. Many times REO contracts can be quite detailed, complicated and long, CastleRockREO’s contracts are a pleasure to work with to complete the transactions. Jaime’s communication skills are excellent, and anytime I had a question about the transaction or questions about the property, Jaime was very prompt in responding. In fact I believe most times Jaime responded in 5 hours or less. That’s very unusual for an REO Company. I wish in my past dealings with other REO companies their representatives were that responsive. If the opportunity arises in the future to work with CastleRockREO and Jaime Thomas, it would be a pleasure to work with them again.Buyer's Agent, 2016
Jaime was great to work with.Buyer, 2016
Jamie was great to work with. Fast replies, and always friendly and helpful. This was my first time buying an REO, but I will definitely be back.Buyer, 2016
This was the easiest home purchase ever. The only downside is the taxes will be under the LLC which will cause them to double for this year only. The buying process was simple and Jaime did an excellent job.Buyer, 2016
Jaime Thomas was very helpful. The lawyer I used for closing was amazed at how fast and thorough she wasBuyer, 2016
I Had a magnificent experience with jamie, it was a pleasure working with you. Looking forward for more dealsBuyer, 2016
This was my first purchase with Castlerock and I hope to do more business with them in the future. Jamie did an excellent job guiding me through the process. She was always available to answer my questions via email, and phone. She was a true professional at what she does. At first I was a bit hesitant working with a company that wasn’t local to the property, but it was perfect. I have no complaints at all. I cannot wait to get started on the renovations, and move on to buying another great property from Castlerock. Thanks again Jamie.Buyer, 2016
it was a good experience. Jaime Thomas was great!Buyer, 2016
Jamie and the Castelrock Reo team are great at their job and are willing to help in anyway possible. Kudos to you all for such a great experience. keep it up.Buyer, 2016
Home purchasing options
Discounted Cash Price
One time cash price
This discounted cash price is for investors/owner occupants who have the money up front and will not require owner financing. This home is being sold as-is.
Castlerock and its affiliates reserve the right to accept any offer at any time during any property's duration on the market. Please note that Castlerock may not always accept the highest offer or even a full priced offer as some offers come with contingencies, conditions or long closing times. Any email stating that an offer has been approved does not officially mean Castlerock has to honor that offer. An offer is only officially accepted when a Castlerock generated contract is signed by both buyer and seller.
Per company policy, a property must be on the local MLS for 7 business days before we accept the final offer. Thank you.
Owner Financing price
Total financed amount for contract for deed
Total note amount of
Financing is done using a common contract for deed. The down payment and monthly payments cover principal and interest over a 20 to 30 year term. Our financing allows buyers to own a home for low monthly payments that are generally lower than a rent. Please note the contract for deed price is higher than the discounted cash price.
In order to qualify for this home, you must
- Make a combined net income of at least $1,800 per month. (Some homes require a higher monthly income)
- Have secure employment, job stability, and decent credit
- Have the ability to make repairs to the house.
Property is sold in "as-is" condition and will need some work and repairs. The price for this home reflects the work needed and it will be your responsibility if you are the buyer.
CastleRock REO and its affiliates offers this property for sale in "as-is" condition at the time of sale or closing, including any hidden defects of any nature, known or unknown. Prior to purchasing the property, buyers should determine the condition of the property by physical inspection. In addition potential buyers should research or have researched any back taxes, outstanding utilities or city or municipal code violations, including condemnations.