2 Beds   2 Baths   1,229 Sq. Ft.

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Drew Valley Rd Ne
Atlanta, GA 30319

Status: Inactive
Listing ID: 56821615

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,229
  • Year Built: 1954
  • Source ID: 21311286
  • Subdivision: DREW VALLEY
  • Plaintiff: WILMINGTON SAVINGS FUND SOCIETY FSB INC
  • Defendant Name: MLMG HOLDINGS LLC
  • Case Number: PHL-20-01954-2
  • Recording Book: 27133
  • Trustee Name: RUBIN LUBLIN LLC
  • Trustee Address: 3145 AVALON RIDGE PLACE SUITE 100
  • Trustee City: NORCROSS
  • Trustee State: GA
  • Trustee Zip: 30071
  • Trustee Phone: (877) 813-0992
  • Deed Category: NTS
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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Basement Sqft: 1,148
  • Parking: CARPORT
  • Air Conditioning: YES
  • Exterior Wall Type: WOOD SIDING/SHINGLE
  • Foundation Type: BLOCK
  • Heating Fuel: GAS
  • Roof Material: BUILT UP
  • Roof Type: GABLE
  • Land Area Sqft: 12,600
  • Year Built: 1954
  • APN: 18-202-01-012
  • Property Type: Single Family Residence
  • Township: UNINCORPORATED
  • Front Footage: 70
  • Depth Footage: 180
  • Living Sqft: 1,229
  • Basement Finish Type: PARTIALLY FINISHED
  • Garage: CARPORT
  • Sewer Type: PUBLIC
  • Subdivision: DREW VALLEY
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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: 11-02-2021
  • Auction Address: 556 N MCDONOUGH ST
  • Auction City: DECATUR
  • Auction Zip: 30030

    Loan Information

  • 1st Mortgage Date: 09-10-2018

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Atlanta, GA
Home Inspectors

Gerald Simmons & Associates
Gerald Simmons
404-281-3734
Home Inspections by Don
Don Fountain
404-272-4350
Marion Hodges Home Inspection Services
Marion Hodges
770-572-2808
Inspectors Associates, Inc.
Stan A Garnet
770-512-8228
Scott Home Services, Inc.
Matthew G. Scott
770-394-8952
foreclosure.com

Drew Valley Rd Ne
Atlanta, GA 30319

2 Beds   2 Baths   1,229 sq. ft.

 

Status: Inactive Listing ID: 56821615

Property Information

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Public Records

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Property Description

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Listing URL

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