2.5 Baths   1,780 Sq. Ft.   Townhome

9833 S Karlov Ave, Oak Lawn, IL 60453

Status: Inactive
Listing ID: 42064646

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Property Information

  • Bathrooms: 2.5
  • Living Area Size: 1,780
  • Year Built: 1971
  • Day(s) On Site: 2976
  • Sale Type: FORECLOSURE
  • Subdivision: VILLAG
  • Parcel Number: 24 10 226 060 0000
  • Property Type: Townhouse
  • Plaintiff: QUICKEN LOANS INC
  • Owner First Name: SHEILA
  • Owner Last Name: RAMSEY
  • Case Number: 13CH0020603
  • Recording Date: 09-06-2013
  • Judgment Date: 07-30-2013
  • Judgment Value: $179,732
  • Input Date: 12-03-2013
  • Attorney Firm Address: 134 N LASALLE ST STE 1110
  • Attorney Firm City: CHICAGO
  • Attorney Law Firm: POTESTIVO & ASSOCIATES PC
  • Attorney Firm Phone: (312) 263-0003
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60602
  • Deed Category: NOD
  • Document Number: 1122908239

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Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: FRAME/MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 1,860
  • Year Built: 1971
  • APN: 24-10-226-060-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,780
  • Basement Finish Type: UNFINISHED
  • Garage: ATTACHED
  • Style: MODERN
  • Subdivision: VILLAG


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.


    Loan Information

  • 1st Mortgage Date: 08-06-2011
  • 1st Mortgage Amount: $178,950
  • Mortgage Interest Rate: 350
  • Mortgage Term: 30
  • Mortgage Type: ARM

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Homes On This Street
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S Karlov Ave
Oak Lawn, IL 60453

2.5 Baths   1,780 sq. ft.   Townhome


Status: Inactive Listing ID: 42064646

Property Information

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Public Records

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Property Description

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