Get the Preforeclosure Address

N Ohio St
Atwood, IL 61913

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This Single-Family is located at N Ohio St, Atwood, IL 61913. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has
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Status: Inactive
Listing ID: 56755907

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.19 acres
  • Source ID: 293512540
  • Day(s) On Site: 496
  • Parcel Number: 07-00-04-000-276-00
  • Property Type: Single Family Dwelling
  • Plaintiff: Wilmington Savings Fund Society FSB
  • Defendant Name: WILLIAM CLEMENTS
  • Recording Date: 08-30-2021
  • Deed Category: LP
  • Document Number: 375499


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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Listing History

Start Date End Date Listing Type Bank Name
12/21/22 02/01/23 Preforeclosure Wilmington Savings Fund Soc...


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N Ohio St
Atwood, IL 61913



Status: Inactive Listing ID: 56755907

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