8 Beds   6 Baths   6,400 Sq. Ft.   Single-Family
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Harbor Ln
Shelter Island, NY 11964

*Rental Value Coming Soon


This Single-Family Preforeclosure is located at Harbor Ln, Shelter Island, NY 11964. It has 8 Beds, 6 Baths , 6,400 sqft of living space. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 59863480
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Learn about Harbor Ln in Shelter Island, NY

This single-family property is available as a preforeclosure at Harbor Ln. It has 8 bedrooms, 6 bathrooms, and 6,400 square feet of living space. Based on our analysis of the current market conditions in Shelter Island for Harbor Ln and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Harbor Ln are updated daily along with others in Shelter Island, New York. Since this property is a preforeclosure, check out our Foreclosure Timeline for Harbor Ln below to see helpful information about this listing.

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Harbor Ln in Shelter Island New York Property History

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The property located at Harbor Ln in Shelter Island, NY is listed as a Preforeclosure

The process of preforelcosure with properties like Harbor Ln in Shelter Island, New York begin 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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Harbor Ln
Shelter Island, NY 11964

8 Beds   6 Baths   6,400 sq. ft.   Single-Family


Status: Active Listing ID: 59863480

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