$111,263 EMV

1 Bath   2,020 Sq. Ft.
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N 7th St
Cambridge, OH 43725

Status: Inactive
Listing ID: 56904243

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Property Information

  • Bathrooms: 1
  • Living Area Size: 2,020
  • Source ID: 21330127
  • Day(s) On Site: 65
  • Parcel Number: 060001621000
  • Plaintiff: LOANCARE LLC
  • Defendant Name: HENRY MICHAEL
  • Case Number: 20CV000581
  • Trustee Name: YANFANG MARILYN RAMIREZ
  • Trustee Address: 3962 RED BANK ROAD
  • Trustee City: CINCINNATI
  • Trustee State: OH
  • Trustee Zip: 45227
  • Trustee Phone: (513) 322-7000
  • Deed Category: NFS
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Public Records

  • Baths: 1
  • Full Baths: 1
  • Rooms: 4
  • No. of Stories: 1
  • Basement Sqft: 960
  • Air Conditioning: CENTRAL
  • Floor Type: PINE
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: SHINGLE
  • APN: 06-01621.000
  • Property Type: Single Family Residence
  • Living Sqft: 2,020
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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: 01-21-2022

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Listing History

Start Date End Date Listing Type Bank Name
11/29/21 01/21/22 Preforeclosure Loancare, LLC

Homes On This Street
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N 7th St
Cambridge, OH 43725

1 Bath   2,020 sq. ft.

$111,263 EMV

Status: Inactive Listing ID: 56904243

Property Information

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Public Records

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Property Description

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Listing URL

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