1,087 Sq. Ft.
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Cherry Ln Apt 65
Laurel, MD 20708

Status: Inactive
Listing ID: 57329404

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Property Information

  • Living Area Size: 1,087
  • Total Square Feet: 1,297
  • Year Built: 1990
  • Day(s) On Site: 130
  • Sale Type: ForeclosureTrustee
  • Source Status: Live Event
  • Subdivision: CHERRY VIEW PARK CONDO PH 03
  • Deed Category: NFS
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Public Records

  • Land Area Sqft: 4,992
  • Year Built: 1990
  • APN: 0006-D4
  • Property Type: Condominium
  • Township: LAURAL
  • Living Sqft: 1,087
  • Style: CONDOMINIUM
  • Sewer Type: PUBLIC
  • Subdivision: CHERRY VIEW PARK CONDO PH 03

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: 03-08-2022

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Listing History

Start Date End Date Listing Type Bank Name
02/21/22 03/08/22 Preforeclosure
02/19/22 03/08/22 Preforeclosure

Laurel, MD
Home Inspectors
Lodestar Inspections
Kate Johnson
410 878 3039
Homes On This Street
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Cherry Ln Apt 65
Laurel, MD 20708

1,087 sq. ft.

 

Status: Inactive Listing ID: 57329404

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=Cherry-Ln-Apt-65-Laurel-MD-20708/57329404_lid

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