4 Beds   2 Baths   1,318 Sq. Ft.
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Norgate Ln
Decatur, GA 30034


This Preforeclosure is located at Norgate Ln, Decatur, GA 30034. It has 4 Beds, 2 Baths , 1,318 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 58150881

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 1,318
  • Year Built: 1963
  • Day(s) On Site: 48
  • Subdivision: NORGATE
  • Plaintiff: TRUIST BANK
  • Defendant Name: FREDDIE D SMITH
  • Deed Category: NTS

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Public Records

  • Bedrooms: 4
  • Baths: 2
  • Full Baths: 2
  • Rooms: 7
  • No. of Stories: 1
  • Basement Sqft: 1,036
  • Parking: FRAME GARAGE
  • Parking Sqft: 303
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME/WOOD
  • Foundation Type: BLOCK
  • Heating Fuel: GAS
  • Heating Type: FORCED AIR
  • Roof Material: ASPHALT
  • Roof Type: GABLE
  • Land Area Sqft: 11,520
  • Year Built: 1963
  • APN: 15-105-03-002
  • Property Type: Single Family Residence
  • Front Footage: 80
  • Depth Footage: 144
  • Living Sqft: 1,318
  • Basement Finish Type: FINISHED WITH DRYWALL
  • Garage: FRAME
  • Style: BI-LEVEL
  • Sewer Type: PUBLIC
  • Subdivision: NORGATE


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.


Auction Information

  • Auction Date: 07-05-2022

    Loan Information

  • 1st Mortgage Date: 12-28-2004
  • 1st Mortgage Amount: $127,100

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Listing History

Start Date End Date Listing Type Bank Name
06/16/22 07/05/22 Preforeclosure Truist Bank
06/15/22 07/05/22 Preforeclosure SUNTRUST BANK

Decatur, GA
Home Inspectors
Home Probe, Inc.
James N Owen III
The Inspection Company of Georgia, Inc.
Michael W Collins-Smythe, ACI
Home Probe, Inc
Wayman C. Anderson Jr.
Home Probe, Inc.
Jeff Luther
Comprehensive Home Inspections
Taylor Reed Owens
(770) 457-2787
Homes On This Street
View more homes on Norgate Ln

Norgate Ln
Decatur, GA 30034

4 Beds   2 Baths   1,318 sq. ft.


Status: Inactive Listing ID: 58150881

Property Information

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Public Records

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Property Description

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