$616,224 EMV


4 Beds   3 Baths

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Highland Dr
Centerport, NY 11721

Status: Inactive
Listing ID: 56320713

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Year Built: 1999
  • Source ID: 21164125
  • Estimated Value: $492,620
  • Parcel Number: 0400-043.00-03.00-031.000
  • Plaintiff: PHH MORTGAGE CORPORATION
  • Defendant Name: ERNESTO
  • Case Number: 17-607948
  • Recording Date: 03-26-2021
  • Last Sale Amount: $225,000
  • Last Sale Date: 09-04-2002
  • Recording Book: M00020643
  • Trustee Name: LOGS LEGAL GROUP LLP
  • Trustee Address: 175 MILE CROSSING BLVD
  • Trustee City: ROCHESTER
  • Trustee State: NY
  • Trustee Zip: 14624
  • Trustee Phone: (585) 247-9000
  • Trustee Reference Number: 14-032736
  • Deed Category: LP
  • Document Number: 323186

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Public Records

  • Land Area Sqft: 10,890
  • APN: 890.43-00.03-000.310-00
  • Property Type: Single Family Residence
  • Township: HUNTINGTON TOWN

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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    Loan Information

  • 1st Mortgage Date: 03-16-2016

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Highland Dr
Centerport, NY 11721

4 Beds   3 Baths

$616,224 EMV

Status: Inactive Listing ID: 56320713

Property Information

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Public Records

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Property Description

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Listing URL

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