A former foreclosure sells on Lake Avenue

1038 Lake Avenue, purchased out of foreclosure in 2013 for $4.025 million, has been resold for $4.7. This property was once owned by Steven Braverman, a speculator whose unfortunate failures were reported on here from time to time beginning in 2004 or so. In 2018, Greenwich Time published an interesting article on Connecticut’s incredibly lengthy foreclosure process and used two of the Braverman homes to illustrate it. Nothing’s changed.