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Lot Located Southerly From Southerly Line Of East 36th Street And The Westerly Line Of Toledo Avenue. Next Lot South Of 3624 Toledo Avenue
Lorain, OH 44055

Overview

This Preforeclosure is located at Lot Located Southerly From Southerly Line Of East 36th Street And The Westerly Line Of Toledo Avenue. Next Lot South Of 3624 Toledo Avenue, Lorain, OH 44055. This property is currently in auction.
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Status: Inactive
Listing ID: 58031344

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Nearby Foreclosures

Homes near Lot Located Southerly From Southerly Line Of East 36th Street And The Westerly Line Of Toledo Avenue. Next Lot South Of 3624 Toledo Avenue in Lorain, Ohio


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Property Information

  • Source ID: 22001566
  • Day(s) On Site: 68
  • Plaintiff: LORAIN COUNTY TREASURER
  • Case Number: 21TX007804
  • Defendant Name: UNKNOWN HEIRS, DEVISEES AND LEGATEES OF NARCISO ERAZO CRUZ ET AL
  • Attorney Law Firm: KATHERINE L KEEFER
  • 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: 07-27-2022
  • Auction Time: 10:15 AM
  • Auction Location: Lorain County Administration Building, 4th Floor. 226 Middle Avenue, Elyria, OH 44035

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Lorain, OH
Home Inspectors
King Home Inspection, LLC
Brian "B.K." Thompson
216-533-2812
Ross Cumberledge
440-822-8285
Homes On This Street
View more homes on Lot Located Southerly From Southerly Line Of East 36th Street And The Westerly Line Of Toledo Avenue. Next Lot South Of 3624 Toledo Avenue
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Lot Located Southerly From Southerly Line Of East 36th Street And The Westerly Line Of Toledo Avenue. Next Lot South Of 3624 Toledo Avenue
Lorain, OH 44055

 

Status: Inactive Listing ID: 58031344

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Lot-Located-Southerly-From-Southerly-Line-Of-East-36th-Street-And-The-Westerly-Line-Of-Toledo-Avenue.-Next-Lot-South-Of-3624-Toledo-Avenue-Lorain-OH-44055/58031344_lid

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