2 Beds   1.5 Baths   972 Sq. Ft.

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N Turtle Trl
Willoughby, OH 44094

Status: Inactive
Listing ID: 56768042

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Living Area Size: 972
  • Year Built: 1975
  • Subdivision: BIG TURTLE 02 PH 04
  • Appraised Value: $72,000
  • Parcel Number: 27-A-007-X-00-013-0
  • Case Number: 20CF001525
  • Plaintiff: Richard H. Rye, Trustee**2nd Sale Date 11/29/2021**
  • Defendant Name: Grootegoed, Jack W. (Deceased)
  • Deed Category: NFS
  • Mortgage Balance: $28,000

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Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 2
  • Parking: DETACHED FRAME GARAGE
  • Parking Sqft: 210
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: WOOD SIDING
  • Foundation Type: CONTINUOUS WALL
  • Heating Fuel: GAS
  • Heating Type: ELECTRIC
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 8,691
  • Year Built: 1975
  • APN: 27-A-007-X-00-016-0
  • Property Type: Condominium
  • Living Sqft: 972
  • Basement Finish Type: FULL
  • Garage: DETACHED FRAME
  • Style: TOWNHOUSE
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: BIG TURTLE 02 PH 04

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: 11-08-2021
  • Auction Time: 10:00 AM
  • Auction Location: Main floor of the Lake County Court House, 25 North Park Place, Painesville, OH 44077

    Loan Information

  • Mortgage Balance: $28,000

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Willoughby, OH
Home Inspectors

American Building Inspectors, Inc.
Maureen Strbac
440-951-1655
foreclosure.com

N Turtle Trl
Willoughby, OH 44094

2 Beds   1.5 Baths   972 sq. ft.

 

Status: Inactive Listing ID: 56768042

Property Information

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Public Records

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Property Description

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Listing URL

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