City of Schenectady owned property. Reserve funds required in addition to offer amount. Loans must demonstrate funds for rehabilitation and purchase of the property. Welcome HOME to this diamond in the rough. This property is a great opportunity to invest, or owner occupy. Don't miss out on this amazing opportunity! Offers must include MLS contract offer, city purchase form, all supporting financial papers and proof of funds totaling purchase offer plus reserve funds. Buyer responsible for verifying taxes. Also note, this property does not have a reserve amount. Buyers should submit a proposal to outline intended use and scope of work. The City will not review offers without all supporting paperwork.