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Ne 6th Pl
Cape Coral, FL 33909

Status: Inactive
Listing ID: 56798539

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Property Information

  • Source ID: 21303054
  • Day(s) On Site: 250
  • Parcel Number: 01-44-23-C3-02387.0500
  • Defendant Name: RUGLESS OSWALD
  • Case Number: 36-2021-CA-005027
  • Recording Date: 09-14-2021
  • Trustee Address: 224 DATURA ST STE 515
  • Trustee City: WEST PALM BEACH
  • Trustee State: FL
  • Trustee Zip: 33401
  • Trustee Phone: (561) 507-5252
  • Deed Category: LP
  • Document Number: 2021000302004

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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
05/23/14 05/12/16 Tax Lien
05/23/13 05/13/15 Tax Lien

Ne 6th Pl
Cape Coral, FL 33909


Status: Inactive Listing ID: 56798539

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