9 Beds   3 Baths   3,312 Sq. Ft.   Multi-Family

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Madison St
Fitchburg, MA 01420

Status: Inactive
Listing ID: 56722037

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Property Information

  • Bedrooms: 9
  • Bathrooms: 3
  • Living Area Size: 3,312
  • Total Rooms: 18
  • Lot Size: 0.12 acres
  • Year Built: 1910
  • Source ID: 21276950
  • Days On Site: 70
  • Improvement Value: $179,000
  • Assessed Value: $228,700
  • Land Value: $49,700
  • Parcel Number: M:0063 B:0135 L:0
  • Property Type: Multi Family Dwelling
  • Defendant Name: NOVANE T SAYSANA
  • Plaintiff: SIERRA PACIFIC MORTGAGE COMPANY INC
  • Last Sale Amount: $95,000
  • Last Sale Date: 08-30-1999
  • Recording Book: 7005
  • Trustee Name: KORDE AND ASSOCIATES PC
  • Trustee Address: 900 CHELMSFORD ST SUITE 3102
  • Trustee City: LOWELL
  • Trustee State: MA
  • Trustee Zip: 01851
  • Trustee Phone: (978) 256-1500
  • Deed Category: NTS
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Public Records

  • Bedrooms: 9
  • Baths: 3
  • Full Baths: 3
  • Rooms: 18
  • No. of Stories: 3
  • Basement Sqft: 1,104
  • Construction Type: FRAME
  • Exterior Wall Type: ALUMINUM SIDING
  • Heating Type: FORCED HOT WATER
  • Roof Material: TAR & GRAVEL
  • Roof Type: FLAT
  • Land Area Sqft: 5,025
  • Year Built: 1910
  • APN: 000063---000135---000000
  • Property Type: Duplex, Triplex, Quadplex
  • Township: FITCHBURG
  • Living Sqft: 3,312
  • Style: MULTI-FAMILY

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: 10-13-2021
  • Auction Time: 12:00 PM
  • Auction Address: 37 MADISON STREET
  • Auction City: FITCHBURG

    Property Classification

  • Classification Id: Notice of Trustee Sale
  • Classification Desc: This announcement, which is made available to the public by law, describes the date, time and other details of a trustees sale. Finding out about these auctions first will give you more time to research potential bargains and help you get the jump on other investors.

    Loan Information

  • 1st Mortgage Date: 08-03-2009

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Fitchburg, MA
Home Inspectors

ALLMAC Home Inspections, Inc.
Christopher McNamara
978-345-6400
foreclosure.com

Madison St
Fitchburg, MA 01420

9 Beds   3 Baths   3,312 sq. ft.   Multi-Family

Active 

Status: Inactive Listing ID: 56722037

Property Information

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Public Records

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Property Description

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