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Eubanks Rd
Woodstock, GA 30188

Status: Inactive
Listing ID: 57995244

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Property Information

  • Day(s) On Site: 34
  • Plaintiff: JORGE RODRIGUES
  • Defendant Name: AYODELE A OKPODU
  • Deed Category: NTS

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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: 06-07-2022
  • Auction Location: BEFORE THE COURTHOUSE DOOR OF CHEROKEE COUNTY

    Loan Information

  • 1st Mortgage Date: 08-28-2020
  • 1st Mortgage Amount: $430,000

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Woodstock, GA
Home Inspectors
LunsPro Home Inspections
James Wesley Olley
770-483-2808
AmeriSpec Inspection Services
Don Norton
770-734-0232
AmeriSpec Inspection Services Atlanta
Anderson Chase Childers
770-734-0232
Open Eye Home Inspections
Tim Reed
770-905-9305
Amerispec All Atlanta
Jamie C King
Homes On This Street
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Eubanks Rd
Woodstock, GA 30188

 

Status: Inactive Listing ID: 57995244

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Eubanks-Rd-Woodstock-GA-30188/57995244_lid

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