$314,925 EMV

3 Beds   3 Baths   2,250 Sq. Ft.   Single-Family
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Cutter St
Cincinnati, OH 45203

Status: Active
Listing ID: 56822850

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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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Cincinnati, OH
Home Inspectors
Guardian Angel Home Inspection Service
Hale Newman
513-207-1646
Building Inspections, LLC
Michael Hesterberg
15134047997
Inspection plus
John B Cordell
513-617-4511
Inspections Group Midwest, Inc.
Imani Fowler
513-761-1470
National Property Inspections
Terry Haynie
513-894-9458
Homes On This Street
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Cutter St
Cincinnati, OH 45203

3 Beds   3 Baths   2,250 sq. ft.   Single-Family

$314,925 EMV

Status: Active Listing ID: 56822850

Property Information

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Public Records

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Property Description

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