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Back Bay Foreclosures

Finding Back Bay foreclosures is a snap with Boston City Properties. While this neighborhood doesn't tend to have as many foreclosed homes as others, they still go on and off the market all the time. Competition for foreclosed homes in Back Bay can be quite fierce, so it pays to have accurate, timely information at your disposal. You'll get that and a lot more by connecting with Boston City Properties. We maintain a vast database of constantly updated real estate listings, including listings for foreclosed condos and homes in the Back Bay. Our real estate experts are also available to assist you in your search.

Tips for Buying a Back Bay Foreclosure

Buying a foreclosure for the first time is pretty confusing. You'll run across terms like bank-owned, short sale, REO and more. By teaming up with Boston City Properties, you can cut through the confusion and focus on locating a foreclosed property that suits your budget and needs.

A few tips for purchasing a foreclosure in the Back Bay include:

Find Back Bay Foreclosures Now

Whether you're looking to buy a new home or want to snag a great investment property, Back Bay foreclosures may be the answer. Finding the right one doesn't have to be difficult. Begin by signing up to search and browse Boston City Properties' handy real estate listings. For additional assistance, contact us now to be put in touch with experienced foreclosure experts in the Back Bay.

Bank Owned Properties

As one of the most desirable residential areas in all of the city, this neighborhood has a correspondingly high average price for properties sold via bank auction. However, buyers can find excellent deals for units that are not only spectacularly furnished, but located in the heart of the city. The average range for dwellings that come to market in this fashion is between $1,100 to $1,600, with outliers on either side. Most of the housing here is contained within larger buildings that were built around 1900, although not all of them are apartments: some are townhomes, and many of them have been converted into condos. In some rare instances, the older apartments have been modified with a more contemporary addition.

Even the smallest studios in this area have a distinct historic charm and exquisite use of materials, from red brick to beautifully restored woods. Built-in shelving units are especially common here, and usually frame either the central entryway or the bank of windows that overlooks the city outside. The kitchens are fully contemporary, with the latest state of the art appliances, from dishwashers that cleanse cutlery with nary a sound to ovens with multiple compartments so that food may be prepared at different temperatures and with different methodologies.

The region is especially fond of fireplaces, especially when they are placed beneath a sizable mantle, creating a readily identifiable center of the home. Many of the homes have a large foyer space that not only has enough room to hang jackets, hats, and other garments, but also acts as a kind of palette cleanser for visitors who have braved the outdoors and now wish to take a moment and collect their thoughts before entering the spaces of the home. This foyer may have a center table that acts as a display space for an arrangement of flowers or other objects. The walls surrounding it can function as ideal places for hanging wall art or photographs, creating a kind of de facto gallery area.

Short Sales

Elegance and splendor categorize most of the properties that come to the market via a short sale. Not only are these units outfitted with the best in contemporary design, they also tend to have prominent addresses that place them within walking distance of a variety of civic and urban amenities. The bathrooms in these homes are a perfect example of the kinds of gorgeous upgrades that many of the dwellings, which were usually originally constructed around 1890, contain. The bathrooms tend to be furnished with showers that have a number of adjustable and portable fixtures, each with its own litany of adjustable settings. The shower heads tend to be mounted to the wall with a silver nickel clip, and can be configured to spray different patterns of water, from soft falling rain drops to a steady, vigorous blast.

The bedrooms, meanwhile, are airy and often designed to look out through a set of windows onto either the street outside or an interior courtyard that is leafy and filled with blooming green plants and flowers. The kitchens are expansive and designed to serve both the casual snacking needs of a lazy afternoon and the formal requirements of a five course holiday dinner. Numerous storage spaces, many of which have glass doors so that the objects inside can be viewed from the exterior, are present throughout the kitchen. In some units, a small closet space directly off the principal kitchen has been adapted to house a vertically mounted washer and dryer unit.

Geography

Bounded by downtown Boston/Beacon Hill to the east, Fenway/Kenmore to the west, and the South End to the south, this densely populated strip of the city includes a procession of green space that leads to Boston Common and the Boston Public Gardens to the east. The Charles River forms the northern boundary of the region, and a section of the corresponding Esplanade is located within the municipality’s perimeter. In addition to the long stretch of the Commonwealth Mall, other recreation areas include the Back Bay Beacon-Hill Playground, the Harcourt/West Canton Garden and the Frieda Garcia Children’s Park. A portion of Interstate 90 leads into the neighborhood, and Route 28 bounds the community to the north. There are numerous public transit options throughout the area, as well as a T station one block outside of the area’s official boundaries.

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