4 Beds   2.5 Baths   2,346 Sq. Ft.   Single-Family
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Mountain Ridge Pass
Plainfield, IL 60586

Status: Inactive
Listing ID: 57948083

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 2,346
  • Year Built: 2004
  • Comments: Invest with success and buy through Auction.com. This foreclosure investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 2,346 square feet property features 4 beds and 2.5 baths. It is located in Will County in the city of Plainfield. Be ready to bid and buy at auction on 08-17-2022. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Day(s) On Site: 37
  • Subdivision: IN CATON RIDGE WEST
  • Property Type: Single Family Dwelling
  • Deed Category: NFS

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Public Records

  • Parking Sqft: 40
  • APN: 06-03-31-407-024-0000
  • Property Type: Single Family Residence
  • Township: PLANFIELD TWP
  • Subdivision: IN CATON RIDGE WEST
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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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Address: Mountain Ridge Pass Plainfield IL 60586

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Auction Information

  • Minimum Bid: $0
  • Auction Date: 08-17-2022

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Listing History

Start Date End Date Listing Type Bank Name
05/26/22   Preforeclosure
10/31/19 08/26/20 Preforeclosure Freedom Mortgage

Plainfield, IL
Home Inspectors
Home Inspections By Kopp
Dale R. Kopp
8154391629
The Home Inspection Man
Gary F. Monfeli
8156906903
W Z G Home Inspection
Wilfredo Z. Germino
773-771-4978
Homes On This Street
View more homes on Mountain Ridge Pass
foreclosure.com

Mountain Ridge Pass
Plainfield, IL 60586

4 Beds   2.5 Baths   2,346 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57948083

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Mountain-Ridge-Pass-Plainfield-IL-60586/57948083_lid

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