2 Beds   1 Bath   900 Sq. Ft.   Single-Family
Get the Preforeclosure Address

Lake Dr
Atlanta, GA 30340

Overview

This Single-Family Preforeclosure is located at Lake Dr, Atlanta, GA 30340. It has 2 Beds, 1 Bath , 900 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58080657

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 900
  • Lot Size: 0.17 acres
  • Year Built: 1950
  • Source ID: 142368881
  • Day(s) On Site: 67
  • Parcel Number: 6-247 -245
  • Property Type: Single Family Dwelling
  • Plaintiff: Ns193, LLC
  • Defendant Name: CRAIG K. BRILEY
  • Recording Date: 06-08-2022
  • Document Book: 46830
  • Document Page: 644
  • Trustee Name: MCCALLA RAYMER LEIBERT PIERCE, LLC
  • Trustee Address: 1544 Old Alabama Rd
  • Trustee City: Roswell
  • Trustee State: GA
  • Trustee Zip: 30076
  • Trustee Phone: (770) 643-7200
  • Trustee Reference Number: R6247-245
  • Deed Category: NTS
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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: 07-05-2022
  • Auction Address: Gwinnett County Courthouse

    Loan Information

  • 1st Mortgage Date: 07-27-2006

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Atlanta, GA
Home Inspectors
Pelorus Inspection and Environmental Resource Grp
Adam Goldner
678.777.1559
New Haven home Inspection
Matthew King
404-452-3274
Home Inspection Providers, LLC
Marlon Page ACI
404-454-7651
Keystone Property Inspections, LLC
Kenneth (Kip) R. McCullough Jr.
404-663-5955
Safe & Sound Home Inspections
Tyrus Parrish
678-777-8346
Homes On This Street
View more homes on Lake Dr
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Lake Dr
Atlanta, GA 30340

2 Beds   1 Bath   900 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 58080657

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lake-Dr-Atlanta-GA-30340/58080657_lid

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