4 Beds   2 Baths   1,582 Sq. Ft.   Single-Family

4504 Kennedy Ave, Orlando, FL 32812

Status: Inactive
Listing ID: 35147763

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 1,582
  • Levels: 1
  • Year Built: 1974
  • Source ID: 11005703
  • Estimated Value: $149,217
  • Day(s) On Site: 3507
  • Assessed Value: $154,825
  • Parcel Number: 162330818200210
  • Property Type: Single Family Dwelling
  • Defendant Name: SHORTT JEFFREY
  • Plaintiff: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Case Number: 2012 CA 6986
  • Recording Date: 05-01-2012
  • Last Sale Amount: $259,300
  • Last Sale Date: 09-22-2005
  • Document Book: 10369
  • Document Page: 2095
  • Trustee Name: SMITH HIATT AND DIAZ PA
  • Trustee Address: PO BOX 11438
  • Trustee City: FORT LAUDERDALE
  • Trustee State: FL
  • Trustee Zip: 33339
  • Trustee Phone: (954) 564-0071
  • Trustee Reference Number: 1440 118949
  • Deed Category: LP
  • Document Number: 20120226266
  •  

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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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Listing History

Start Date End Date Listing Type Bank Name
05/01/12 09/28/12 Preforeclosure FEDERAL NATIONAL MORTGAGE A...

Homes On This Street
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Kennedy Ave
Orlando, FL 32812

4 Beds   2 Baths   1,582 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 35147763

Property Information

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Property Description

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Listing URL

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