2 Beds   2 Baths   1,299 Sq. Ft.
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Brookfield Ln
Cheektowaga, NY 14227

Overview

This Preforeclosure is located at Brookfield Ln, Cheektowaga, NY 14227. It has 2 Beds, 2 Baths , 1,299 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58059462

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,299
  • Year Built: 1998
  • Source ID: 21548785
  • Day(s) On Site: 66
  • Subdivision: BROOKFIELD CONDO PH I
  • Assessed Value: $2,000
  • Parcel Number: 30891131500003003111G112
  • Defendant Name: JAMES RALSTON
  • Plaintiff: U S BANK NATIONAL ASSOCIATION
  • Case Number: 2019-814546
  • Judgment Date: 02-25-2022
  • Last Sale Amount: $5,000
  • Last Sale Date: 09-16-1999
  • Trustee Name: LOGS LEGAL GROUP LLP
  • Trustee City: ROCHESTER
  • Trustee Address: 175 MILE CROSSING BOULEVARD
  • Trustee State: NY
  • Trustee Zip: 14624
  • Trustee Phone: (877) 430-4792
  • Deed Category: NFS
  • Mortgage Balance: $155,161
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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Fireplaces: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: OIL
  • Heating Type: HOT AIR
  • Land Area Sqft: 435
  • Year Built: 1998
  • APN: 143089-113-150-0003-003-111-308
  • Property Type: Apartment
  • Township: CHEEKTOWAGA
  • Front Footage: 1
  • Depth Footage: 1
  • Living Sqft: 1,299
  • Sewer Type: COMMERCIAL
  • Water Type: COMMERCIAL
  • Subdivision: BROOKFIELD CONDO PH I

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: 07-07-2022
  • Auction Time: 11:00 AM
  • Auction Address: 92 FRANKLIN STREET
  • Auction City: BUFFALO

    Loan Information

  • Mortgage Balance: $155,161

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Listing History

Start Date End Date Listing Type Bank Name
04/28/11 05/11/11 Preforeclosure
foreclosure.com

Brookfield Ln
Cheektowaga, NY 14227

2 Beds   2 Baths   1,299 sq. ft.

 

Status: Inactive Listing ID: 58059462

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=Brookfield-Ln-Cheektowaga-NY-14227/58059462_lid

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