3 Beds   2.5 Baths

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Lowland Way
Newark, DE 19702

Status: Inactive
Listing ID: 56765153

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Year Built: 1976
  • Source ID: 21-006123
  • Subdivision: CHRISTIANA VILLAGE
  • Plaintiff: UMB BANK
  • Defendant Name: BRIAN QUINN
  • Case Number: N18L-06-044 CLS
  • Attorney Law Firm: ORLANS PC
  • Attorney Phone: (302) 854-0380
  • Deed Category: NFS
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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Air Conditioning: YES
  • Fireplaces: YES
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: HOT AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 2,178
  • Year Built: 1976
  • APN: 09-030.30-116
  • Property Type: Single Family Residence
  • Township: WHITE CLAY CREEK HUNDRED
  • Front Footage: 18
  • Depth Footage: 120
  • Style: TOWNHOUSE
  • Subdivision: CHRISTIANA VILLAGE

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: 11-09-2021
  • Auction Time: 10:00 AM
  • Auction Location: Council Chambers, Louis L. Redding County Building, 800 N. French St,. First Floor. Wilmington, DE 19801

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Newark, DE
Home Inspectors

Amerispec
Robert L Matthews Jr
302-218-8904
Paul Burch
3025981871
foreclosure.com

Lowland Way
Newark, DE 19702

3 Beds   2.5 Baths

 

Status: Inactive Listing ID: 56765153

Property Information

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Public Records

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Property Description

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Listing URL

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