2 Beds   2 Baths   1,236 Sq. Ft.
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E Salmon Dr
Floral City, FL 34436

Status: Inactive
Listing ID: 56994829

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,236
  • Year Built: 1982
  • Day(s) On Site: 177
  • Plaintiff: BANK OF NEW YORK MELLON
  • Subdivision: WITHLAPOPKA ISLANDS UNIT 04A
  • Defendant Name: JANICE K MASS
  • Case Number: 2020CA000478
  • Recording Date: 10-15-2021
  • Deed Category: NFS
  • Mortgage Balance: $119,240
  •  

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Fireplaces: YES
  • Construction Type: MASONRY
  • Exterior Wall Type: BOARD & BATTEN
  • Floor Type: SUB-FLOORING
  • Foundation Type: CONTINUOUS FOOTING
  • Heating Fuel: GAS
  • Heating Type: FLOOR FURNACE
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 35,986
  • Year Built: 1982
  • Property Type: Single Family Residence
  • APN: 21E-20S-06-004A-00250-2380
  • Township: WITHLACOOCHEE BASIN
  • Front Footage: 140
  • Living Sqft: 1,236
  •  
  • Subdivision: WITHLAPOPKA ISLANDS UNIT 04A

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: 04-14-2022
  • Auction Time: 10:00 AM
  • Auction Location: ONLINE

    Loan Information

  • 1st Mortgage Date: 10-30-2006
  • 1st Mortgage Amount: $300,240
  • Mortgage Balance: $119,240

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E Salmon Dr
Floral City, FL 34436

2 Beds   2 Baths   1,236 sq. ft.

 

Status: Inactive Listing ID: 56994829

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=E-Salmon-Dr-Floral-City-FL-34436/56994829_lid

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