New York Newsday (10/13/08); Amon, Michael
The New York Foreclosure Showcase drew a crowd of almost 5,000 to the Marriott Hotel and Conference Center in Uniondale on Oct. 12, when 35 foreclosed properties were put on the auction block. The current market has afforded "opportunities to buy that didn't exist before," says Todd Yovino of Island Advantage Realty, who organized the event. Bidders needed to arrive with a mortgage prequalification and a certified check for $10,000. On hand to speak with attendees were realtors specializing in foreclosures, real estate attorneys and home improvement specialists; and they also had access to seminars on mortgage prequalification and quick foreclosure sales.
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