$242,776

Single-Family
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Country Edge Cir
Downingtown, PA 19335

Status: Inactive
Listing ID: 57404771

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Property Information

  • Price: $242,776
  • Source ID: 1047764
  • Comments: Auction begins on 2022-06-16.
  • Day(s) On Site: 150
  • Property Type: Single Family Dwelling
  • Deed Category: NFS
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Potential Home Value

This property has untapped potential!

Current Value
$242,776
Potential Value
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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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Auction Information

  • Auction Date: 06-16-2022

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Downingtown, PA
Home Inspectors
James Royer
(215) 860-3150
Home Base Solutions, LLC
Andrew M Fritchey
610-836-2206
ABC Home Inspections, LLC
Brian A. Stumm
267-331-0256
Village Home Inspections, Inc.
Stephen J. Mento
610-873-1808
Homes On This Street
View more homes on Country Edge Cir
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Country Edge Cir
Downingtown, PA 19335

Single-Family

$242,776

Status: Inactive Listing ID: 57404771

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=Country-Edge-Cir-Downingtown-PA-19335/57404771_lid

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