$667,103 EMV

5 Beds   3 Baths   4,763 Sq. Ft.   Single-Family
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Johns Rd
New Franklin, OH 44216

Status: Inactive
Listing ID: 56845368

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Property Information

  • Bedrooms: 5
  • Bathrooms: 3
  • Living Area Size: 4,763
  • Lot Size: 6.46 acres
  • Year Built: 2001
  • Source ID: 183473843
  • Day(s) On Site: 77
  • Parcel Number: 23-05106
  • Property Type: Single Family Dwelling
  • Defendant Name: WETSHTEIN JENNIFER L
  • Plaintiff: U.S. Bank National Association, As Trust
  • Case Number: CV2020041329
  • Recording Date: 12-27-2021
  • Trustee Name: JESSICA JOHNSON
  • Trustee Phone: (513) 396-8100
  • 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: 01-07-2022
  • Auction Time: 10:00 AM
  • Auction Address: 209 S High St
  • Auction City: Akron

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Listing History

Start Date End Date Listing Type Bank Name
12/29/21   Bankruptcy
04/22/20 11/18/20 Preforeclosure US Bank NA

New Franklin, OH
Home Inspectors
Michael Gindlesperger
814-233-0081
Homes On This Street
View more homes on Johns Rd
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Johns Rd
New Franklin, OH 44216

5 Beds   3 Baths   4,763 sq. ft.   Single-Family

$667,103 EMV

Status: Inactive Listing ID: 56845368

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Johns-Rd-New-Franklin-OH-44216/56845368_lid

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