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Oak St
West Cape May, NJ 08204

*Rental Value Coming Soon


This Preforeclosure is located at Oak St, West Cape May, NJ 08204. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 58538511
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Learn about Oak St in West Cape May, NJ

This property is available as a preforeclosure at Oak St. Based on our analysis of the current market conditions in West Cape May for Oak St and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Oak St are updated daily along with others in West Cape May, New Jersey. Since this property is a preforeclosure, check out our Foreclosure Timeline for Oak St below to see helpful information about this listing.

Foreclosure Timeline

Oak St in West Cape May New Jersey Property History

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Bank Owned

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The property located at Oak St in West Cape May, NJ is listed as a Preforeclosure

The process of preforelcosure with properties like Oak St in West Cape May, New Jersey begin 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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Oak St
West Cape May, NJ 08204


Status: Active Listing ID: 58538511

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