2 Beds   1 Bath   1,010 Sq. Ft.   Condo
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Lincoln Ave Apt 310
San Rafael, CA 94901

Status: Inactive
Listing ID: 56630542

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,010
  • Lot Size: 0.03 acres
  • Year Built: 1973
  • Source ID: 33903362
  • Day(s) On Site: 152
  • Parcel Number: 011-281-34
  • Property Type: Condo
  • Defendant Name: LOUIE, ERIC
  • Plaintiff: The Oaks Homeowners Assn Of Ma
  • Recording Date: 08-16-2021
  • Trustee Address: 7844 Madison Ave
  • Trustee Name: SUNRISE ASSESSMENT SERVICES
  • Trustee City: Fair Oaks
  • Trustee State: CA
  • Trustee Zip: 95628
  • Trustee Phone: (916) 961-0374
  • Trustee Reference Number: 20961
  • Deed Category: NOD
  • Document Number: 202100051822
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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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    Loan Information

  • 1st Mortgage Date: 01-22-2021

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Listing History

Start Date End Date Listing Type Bank Name
06/30/09 08/03/09 Foreclosure
12/12/08 04/08/09 Preforeclosure PAUL FINANCIAL LLC

San Rafael, CA
Home Inspectors
GCIS
Sarah deVito Brown
510-206-1934
Homestead Property Inspection Inc.
Edward J Gibson
415-884-9404
Homes On This Street
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Lincoln Ave Apt 310
San Rafael, CA 94901

2 Beds   1 Bath   1,010 sq. ft.   Condo

 

Status: Inactive Listing ID: 56630542

Property Information

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Property Description

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Listing URL

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