$87,590 EMV

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Marion St
Reading, PA 19604

Status: Inactive
Listing ID: 57949201

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Property Information

  • Day(s) On Site: 42
  • Defendant Name: MALAVE MIRANDA, JOSE E
  • Plaintiff: PENNSYLVANIA HOUSING FINANCE AGENCY
  • Case Number: 19-14951
  • Judgment Value: $53,704
  • Attorney Name: PURCELL, KRUG & HALLER
  • Attorney Phone: (717) 234-4178
  • Deed Category: NTS
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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: 08-05-2022
  • Auction Time: 10:00 AM
  • Auction Location: 2nd Floor Auditorium in the Berks County Services Center, 633 Court Street Reading, PA 19601

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Rental Value

The estimated rental value for Marion St located in Reading, PA is $1,001/month. Comparable homes around Marion St that are rentals have monthly ranges starting as low as $850 per month and as high as $1,151 per month. An owner looking to use this property as an investment could bring a return in the area of $850 - $1,151 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


Reading, PA
Home Inspectors
Reliable Inspections and Testing, LLC.
Val Sarko
610-779-1007
Better Life Inspection Company
Robert H. Conner
610-451-2979
Ulises Otero
ARTI Home Inspections, LLC
David A Artigliere
610-220-1907
Homes On This Street
View more homes on Marion St
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Marion St
Reading, PA 19604

$87,590 EMV

Status: Inactive Listing ID: 57949201

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Marion-St-Reading-PA-19604/57949201_lid

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