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N Park St
Dahlonega, GA 30533

Status: Inactive
Listing ID: 56740191

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Property Information

  • Source ID: 21282662
  • Days On Site: 30
  • Parcel Number: D11-026
  • Defendant Name: LACHANCE ENTERPRISES LP
  • Plaintiff: THE MARIE A DAVID IRREVOCABLE LIFE INSURANCE TRUST
  • Recording Book: 1236
  • Trustee Name: JAMES M WALTERS
  • Trustee Address: 311 GREEN STREET
  • Trustee City: GAINESVILLE
  • Trustee State: GA
  • Trustee Zip: 30501
  • Trustee Phone: (770) 536-3264
  • Deed Category: NTS

Public Records

  • No. of Stories: 1
  • Exterior Wall Type: WOOD
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: CENTRAL
  • Roof Material: GALVANIZED SHEET METAL
  • Land Area Sqft: 2,614
  • APN: D11-000-026-000
  • Property Type: Commercial
  • Township: BERKSHIRE TWP - BIG WALNUT
  • Sewer Type: SEPTIC
  • Water Type: PUBLIC

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: 10-05-2021
  • Auction Address: 325 RILEY RD
  • Auction City: DAHLONEGA
  • Auction Zip: 30533

    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: 01-05-2013

    NEW Credit Information Center

  • Want to fix your credit before buying?: Learn how
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N Park St
Dahlonega, GA 30533

 

Status: Inactive Listing ID: 56740191

Property Information

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Public Records

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Property Description

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Listing URL

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