3 Beds   2 Baths   1,152 Sq. Ft.   Single-Family
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Old State Rd
Allegany, NY 14706

Overview

This Single-Family Preforeclosure is located at Old State Rd, Allegany, NY 14706. It has 3 Beds, 2 Baths , 1,152 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57144955

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,152
  • Lot Size: 0.39 acres
  • Year Built: 1984
  • Source ID: 168621653
  • Day(s) On Site: 246
  • Parcel Number: 042089 93.002-3-22
  • Property Type: Single Family Dwelling
  • Plaintiff: Olean Area Federal Credit
  • Defendant Name: Michelle Bliven
  • Recording Date: 11-23-2021
  • Deed Category: LP
  • Document Number: 202115522

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Parking Sqft: 400
  • Exterior Wall Type: ALUMINUM/VINYL
  • Heating Fuel: OIL
  • Heating Type: HOT AIR
  • Land Area Sqft: 17,000
  • Year Built: 1984
  • Property Type: Single Family Residence
  • APN: 042089-093-002-0003-022-000-0000
  • Township: ALLEGANY
  • Front Footage: 100
  • Depth Footage: 170
  • Living Sqft: 1,152
  • Garage: DETACHED
  • Mobile Home Indicator: Y
  • Style: MODULAR/PREFAB
  • Sewer Type: PRIVATE
  • Water Type: PRIVATE
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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 City: Allegany

    Loan Information

  • 1st Mortgage Date: 07-11-2018

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Listing History

Start Date End Date Listing Type Bank Name
07/07/10 01/03/11 Bankruptcy
foreclosure.com

Old State Rd
Allegany, NY 14706

3 Beds   2 Baths   1,152 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57144955

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=Old-State-Rd-Allegany-NY-14706/57144955_lid

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