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Oakwood Ave
North Haledon, NJ 07508

Status: Inactive
Listing ID: 55002624

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Property Information

  • Source ID: 21285784
  • Day(s) On Site: 661
  • Plaintiff: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Defendant Name: TARA M RAWLINS
  • Case Number: F 034394 16
  • Trustee Name: MILSTEAD AND ASSOCIATES LLC
  • Trustee Address: 220 LAKE DRIVE EAST SUITE 301
  • Trustee City: CHERRY HILL
  • Trustee State: NJ
  • Trustee Zip: 08002
  • Trustee Phone: (856) 482-1400
  • Trustee Reference Number: F-20000254
  • Deed Category: NFS
  • Mortgage Balance: $420,275
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Public Records

  • No. of Stories: 1
  • Parking: 1 CAR GARAGE
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 15,760
  • APN: 06-00022-0001-00005-0001
  • Property Type: Single Family Residence
  • Township: NORTH HALEDON BORO
  • Front Footage: 80
  • Depth Footage: 197
  • Garage: YES - 1 CAR

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: 10-26-2021
  • Auction Time: 02:00 PM
  • Auction Address: 77 HAMILTON ST
  • Auction City: PATERSON

    Loan Information

  • Mortgage Balance: $420,275

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Oakwood Ave
North Haledon, NJ 07508

 

Status: Inactive Listing ID: 55002624

Property Information

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Public Records

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Property Description

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