$296,365 EMV

3 Beds   2 Baths   1,161 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Georgia Way
Turlock, CA 95382

Overview

This Single-Family is located at Georgia Way, Turlock, CA 95382. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 2 Baths , 1,161 sqft of living space.
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Status: Inactive
Listing ID: 58728969

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Rental Chart
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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,161
  • Year Built: 1977
  • Day(s) On Site: 114
  • Subdivision: REICH MANOR 04
  • Parcel Number: 071-021-040-000
  • Property Type: Single Family Dwelling
  • Owner First Name: WALTER
  • Owner Last Name: HEATH
  • Owner Middle Name: O
  • Recording Date: 01-04-2023
  • Trustee Name: THE MORTGAGE LAW FIRM, PLC
  • Trustee Address: 27455 TIERRA ALTA WAY, SUITE B
  • Trustee City: TEMECULA
  • Trustee State: CA
  • Trustee Zip: 92590
  • Trustee Phone: (714) 730-2727
  • Trustee Sale Number: 159902
  • Deed Category: NTS
  • Document Number: 107839
  • Page Number: 000108

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: GARAGE/CARPORT
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Heating Type: CENTRAL
  • Land Area Sqft: 5,663
  • Year Built: 1977
  • APN: 071-021-040-000
  • Property Type: Single Family Residence
  • Front Footage: 62
  • Living Sqft: 1,161
  • Garage: YES
  • Parking Spaces: 2
  • Subdivision: REICH MANOR 04

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

  • Minimum Bid: $370,151
  • Auction Date: 01-27-2023
  • Auction Time: 1:00PM
  • Auction Address: 1100 I STREET
  • Auction City: MODESTO
  • Auction State: CA

    Loan Information

  • Lender Name: WILMINGTON TRUST
  • Lender Address: 4828 LOOP CENTRAL DRIVE
  • Lender City: HOUSTON
  • Lender State: TX
  • Lender Zip: 77081
  • Lender Phone: (714) 730-2727
  • 1st Mortgage Date: 06-21-2005
  • 1st Mortgage Amount: $370,151

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Rental Value

The estimated rental value for Georgia Way located in Turlock, CA is $1,261/month. Comparable homes around Georgia Way that are rentals have monthly ranges starting as low as $1,131 per month and as high as $1,390 per month. An owner looking to use this property as an investment could bring a return in the area of $1,131 - $1,390 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
12/30/22   Preforeclosure
09/26/22 01/27/23 Preforeclosure Wilmington Savings Fund Societ

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Homes On This Street
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Georgia Way
Turlock, CA 95382

3 Beds   2 Baths   1,161 sq. ft.   Single-Family

$296,365 EMV

Status: Inactive Listing ID: 58728969

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=Georgia-Way-Turlock-CA-95382/58728969_lid

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