$325,457 EMV

3 Beds   2 Baths   2,698 Sq. Ft.   Single-Family
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Beechmont Ave
Cincinnati, OH 45230


This Single-Family Preforeclosure is located at Beechmont Ave, Cincinnati, OH 45230. It has 3 Beds, 2 Baths , 2,698 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $325,457
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Status: Active
Listing ID: 58200839

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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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Rental Value

The estimated rental value for Beechmont Ave located in Cincinnati, OH is $1,680/month. Comparable homes around Beechmont Ave that are rentals have monthly ranges starting as low as $1,430 per month and as high as $1,930 per month. An owner looking to use this property as an investment could bring a return in the area of $1,430 - $1,930 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Cincinnati, OH
Home Inspectors
The Ohio Home Inspections Company
Kevin M. Leonard
Guardian Angel Home Inspection Service
Hale Newman
G.C. Housing Evaluation
Maurice (Maury) Drummey
Slab To Slate Home Inspections, LLC
Chad Schultz
Inspect It 1st of Cincinnati
Jim Gibson
Homes On This Street
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Beechmont Ave
Cincinnati, OH 45230

3 Beds   2 Baths   2,698 sq. ft.   Single-Family

$325,457 EMV

Status: Active Listing ID: 58200839

Property Information

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Public Records

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Property Description

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