2 Beds   1 Bath   600 Sq. Ft.   Single-Family
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Line Ave
Mascotte, FL 34753


This Single-Family Preforeclosure is located at Line Ave, Mascotte, FL 34753. It has 2 Beds, 1 Bath , 600 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56752811

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 600
  • Lot Size: 0.16 acres
  • Year Built: 1950
  • Source ID: 140118455
  • Day(s) On Site: 322
  • Parcel Number: 14-22-24-030000C01000
  • Property Type: Single Family Dwelling
  • Plaintiff: US Bank National Association
  • Defendant Name: JOHN MUSICARO
  • Case Number: 2019CA002516
  • Recording Date: 09-25-2021
  • Trustee Address: 6409 Congress Ave
  • Trustee City: Boca Raton
  • Trustee State: FL
  • Trustee Zip: 33487
  • Deed Category: NFS

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Construction Type: WOOD/STEEL
  • Exterior Wall Type: WOOD FRAME
  • Foundation Type: PIER
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 6,936
  • Year Built: 1950
  • APN: 14-22-24-0300-00C-010
  • Property Type: Single Family Residence
  • Township: MOUNT DORA
  • Front Footage: 68
  • Depth Footage: 102
  • Living Sqft: 600


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.


Auction Information

  • Auction Date: 11-23-2021
  • Auction Time: 11:00 AM
  • Auction Address: Lake County Courthouse 550 W. Main St
  • Auction City: Tavares

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Line Ave
Mascotte, FL 34753

2 Beds   1 Bath   600 sq. ft.   Single-Family


Status: Inactive Listing ID: 56752811

Property Information

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Public Records

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Property Description

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