Get the Preforeclosure Address

E 39th St
Lorain, OH 44055

Overview

This Preforeclosure is located at E 39th St, Lorain, OH 44055. This property is currently in auction.
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Status: Inactive
Listing ID: 57968070

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Property Information

  • Source ID: 21582387
  • Day(s) On Site: 85
  • Parcel Number: 03-00-103-111-028
  • Plaintiff: DANIEL TALAREK
  • Defendant Name: ROBIN HANNIGAN
  • Case Number: 21TX007802
  • Trustee Name: KATHERINE L KEEFER
  • Trustee Address: 225 COURT ST FL 3
  • Trustee City: ELYRIA
  • Trustee State: OH
  • Trustee Zip: 44035
  • Trustee Reference Number: 22001418
  • Deed Category: NFS
  •  

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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: 07-13-2022
  • Auction Time: 10:00 AM
  • Auction Address: 226 MIDDLE AVE
  • Auction City: ELYRIA

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Listing History

Start Date End Date Listing Type Bank Name
05/19/22 07/13/22 Preforeclosure LORAIN COUNTY TREASURER

Lorain, OH
Home Inspectors
King Home Inspection, LLC
Brian "B.K." Thompson
216-533-2812
Ross Cumberledge
440-822-8285
Homes On This Street
View more homes on E 39th St
foreclosure.com

E 39th St
Lorain, OH 44055

 

Status: Inactive Listing ID: 57968070

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=E-39th-St-Lorain-OH-44055/57968070_lid

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