$221,184 EMV

3 Beds   2 Baths   1,456 Sq. Ft.   Single-Family
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Newton Dr
Bear, DE 19701

Status: Inactive
Listing ID: 56994213

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,456
  • Total Rooms: 5
  • Lot Size: 0.11 acres
  • Levels: 2
  • Heating Type: Forced Air
  • Year Built: 1991
  • Source ID: 21337256
  • Estimated Value: $182,618
  • Day(s) On Site: 60
  • Subdivision: LAKESIDE RIVERS END
  • Assessed Value: $67,100
  • Parcel Number: 10-033.10-774
  • Property Type: Single Family Dwelling
  • Plaintiff: UMB BANK
  • Defendant Name: ISAAC K OTU III
  • Case Number: N20L-11-007 MMJ
  • Last Sale Amount: $202,000
  • Last Sale Date: 05-19-2009
  • Trustee Name: ORLANS PC
  • Trustee Address: 512 E MARKET ST
  • Trustee City: GEORGETOWN
  • Trustee State: DE
  • Trustee Zip: 19947
  • Trustee Phone: (302) 854-0380
  • Trustee Reference Number: 21-007295
  • Deed Category: NFS

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Public Records

  • Bedrooms: 3
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 2
  • Air Conditioning: YES
  • Fireplaces: YES
  • Exterior Wall Type: ALUMINUM/VINYL
  • Foundation Type: TYPE UNKNOWN
  • Heating Type: HOT AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 4,791
  • Year Built: 1991
  • APN: 10-033.10-774
  • Property Type: Single Family Residence
  • Township: NEW CASTLE HUNDRED
  • Front Footage: 32
  • Depth Footage: 149
  • Garage: YES
  • Style: TOWNHOUSE
  • Subdivision: LAKESIDE RIVERS END
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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: 01-11-2022
  • Auction Time: 10:00 AM
  • Auction Address: 3707 N MARKET STREET
  • Auction City: WILMINGTON
  • Auction Zip: 19802

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Homes On This Street
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Newton Dr
Bear, DE 19701

3 Beds   2 Baths   1,456 sq. ft.   Single-Family

$221,184 EMV

Status: Inactive Listing ID: 56994213

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Newton-Dr-Bear-DE-19701/56994213_lid

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