$200,115 EMV

2 Beds   2 Baths   1,100 Sq. Ft.   Condo
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Poinciana Pl Apt 406
Davie, FL 33324

Overview

This Condo Preforeclosure is located at Poinciana Pl Apt 406, Davie, FL 33324. It has 2 Beds, 2 Baths , 1,100 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $200,115
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Status: Inactive
Listing ID: 57280718

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,100
  • Lot Size: 0.00 acres
  • Year Built: 1974
  • Source ID: 39909998
  • Day(s) On Site: 217
  • Parcel Number: 50-41-17-AK-0360
  • Subdivision: POINCIANA 06 PINE ISLAND RIDGE
  • Property Type: Condo
  • Defendant Name: JANET C SCHIFF
  • Plaintiff: Pine Island Ridge Condominium G Association Inc
  • Case Number: CACE2022000208
  • Recording Date: 01-06-2022
  • Document Book: 37878
  • Document Page: 825
  • Trustee Name: GLAZER & SACHS PA
  • Trustee Address: 3113 Stirling Rd
  • Trustee City: Fort Lauderdale
  • Trustee State: FL
  • Trustee Zip: 33312
  • Trustee Phone: (954) 983-1112
  • Deed Category: LP
  • Document Number: 117847645

Potential Home Value

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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • Effective Year Built: 1975
  • Year Built: 1974
  • APN: 50-41-17-AK-0360
  • Property Type: Condominium
  • Living Sqft: 1,100
  • Subdivision: POINCIANA 06 PINE ISLAND RIDGE

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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    Loan Information

  • 1st Mortgage Date: 06-23-2004

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Rental Value

The estimated rental value for Poinciana Pl Apt 406 located in Davie, FL is $1,398/month. Comparable homes around Poinciana Pl Apt 406 that are rentals have monthly ranges starting as low as $1,151 per month and as high as $1,550 per month. An owner looking to use this property as an investment could bring a return in the area of $1,151 - $1,550 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Poinciana Pl Apt 406
Davie, FL 33324

2 Beds   2 Baths   1,100 sq. ft.   Condo

$200,115 EMV

Status: Inactive Listing ID: 57280718

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=Poinciana-Pl-Apt-406-Davie-FL-33324/57280718_lid

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