Single-Family

42 Delores Dr, Cahokia, IL 62206

Overview

This Single-Family Preforeclosure is located at Delores Dr, Cahokia, IL 62206. This property is currently in auction.
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Status: Inactive
Listing ID: 35733925

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Property Information

  • Source ID: 11265570
  • Estimated Value: $34,500
  • Day(s) On Site: 3675
  • Subdivision: CITY VIEW PLACE
  • Assessed Value: $16,424
  • Parcel Number: 07070201084
  • Property Type: Single Family Dwelling
  • Defendant Name: CAIN JOHN W
  • Case Number: 09 CH 858
  • Last Sale Amount: $43,000
  • Last Sale Date: 12-14-2007
  • Trustee City: NAPERVILLE
  • Trustee Name: FREEDMAN ANSELMO LINDBERG AND RAPPE LLC
  • Trustee Address: 1807 WEST DIEHL ROADSUITE 333
  • Trustee State: IL
  • Trustee Zip: 60566
  • Trustee Phone: (630) 983-0770
  • Trustee Reference Number: 32-12632
  • Deed Category: NFS
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Public Records

  • APN: 07-07.0-201-084
  • Property Type: Single Family Residence
  • Township: CENTREVILLE
  • Subdivision: CITY VIEW PLACE

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 08-21-2012
  • Auction Time: 10:30 AM
  • Auction Address: 10 PUBLIC SQUARE

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Listing History

Start Date End Date Listing Type Bank Name
11/23/21   Tax Lien
01/16/12 03/09/12 Preforeclosure
foreclosure.com

Delores Dr
Cahokia, IL 62206

Single-Family

 

Status: Inactive Listing ID: 35733925

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=42-Delores-Dr-Cahokia-IL-62206

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