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See pricing and listing details of Red Bank real estate for sale. Place the right offer. In terms of its closing cost-to-sale price before taxes, it’s fourth-highest out of the 50 states. Foreclosure homes for sale in Rochester, bank owned homes, REOs, foreclosed homes and short sale deals are updated daily on our website. If your home in New York sells at a foreclosure sale for less than you owe on your mortgage loan, you might be on the hook to pay a deficiency judgment. The entire process involved in REO sales varies from bank to bank. Was: $15.33. Credit unions and banks inside Albany, NYC (New York City), along with other urban centers offer great bargains for investors who are interested. 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