2 Beds   1 Bath   Condo
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Galveston St Sw Apt 203
Washington, DC 20032

Status: Inactive
Listing ID: 57380966

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Total Rooms: 5
  • Lot Size: 0.03 acres
  • Year Built: 1949
  • Source ID: 21390831
  • Estimated Value: $132,237
  • Day(s) On Site: 117
  • Assessed Value: $129,320
  • Parcel Number: 6254 2128
  • Property Type: Condo
  • Last Sale Amount: $63,000
  • Last Sale Date: 01-28-2005
  • 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: 02-10-2022
  • Auction Time: 11:02 AM
  • Auction Address: 4910 MASSACHUSETTS AVE NW #100
  • Auction City: WASHINGTON
  • Auction Zip: 20016

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Listing History

Start Date End Date Listing Type Bank Name
02/01/22 02/10/22 Preforeclosure
07/17/13 05/13/14 Tax Lien
01/18/12 05/18/12 Foreclosure

Washington, DC
Home Inspectors
Claxton Walker & Associates
Matthew Scharf
315-383-9720
Integrity Home Inspection Services, Inc.
Daniel G. Blum
202-829-9099
District Home Inspection, LLC
Scott Robertson
202-577-4489
Homes On This Street
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Galveston St Sw Apt 203
Washington, DC 20032

2 Beds   1 Bath   Condo

 

Status: Inactive Listing ID: 57380966

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Galveston-St-Sw-Apt-203-Washington-DC-20032/57380966_lid

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