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Perkins Ln
Edgewater Park, NJ 08010

Status: Inactive
Listing ID: 57063071

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Property Information

  • Source ID: 21000488
  • Day(s) On Site: 47
  • Plaintiff: U.S. BANK TRUST, N.A., AS TRUSTEE FOR LSF9 MASTER PARTICIPATION TRUST
  • Defendant Name: GARY J. MISNIK; SHERRY L. SHIRE-MISNIK; WACHOVIA BANK, NATIONAL ASSOCIATION, N/K/A WELLS FARGO BANK, N.A.
  • Case Number: F-007952-15-C
  • Judgment Value: $310,231
  • Attorney Law Firm: LOGS Legal Group LLP
  • Attorney Phone: (856) 793-3080
  • Deed Category: NFS
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Public Records

  • No. of Stories: 2
  • Land Area Sqft: 57,913
  • APN: 12-00203-0000-00001-0005
  • Property Type: Single Family Residence
  • Township: EDGEWATER PARK TWP
  • Front Footage: 143
  • Depth Footage: 405
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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: 01-13-2022
  • Auction Time: 12:00 Noon
  • Auction Location: In The Freeholder’s Board Room, County Administration Building, 49 Rancocas Road, Mount Holly, New Jersey.

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Perkins Ln
Edgewater Park, NJ 08010

 

Status: Inactive Listing ID: 57063071

Property Information

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Public Records

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Property Description

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