2 Beds   1 Bath   1,280 Sq. Ft.   Single-Family
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Putnam Pike
Chepachet, RI 02814

Status: Inactive
Listing ID: 56897821

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,280
  • Total Rooms: 5
  • Lot Size: 0.73 acres
  • Levels: 1
  • Year Built: 1953
  • Source ID: 21328461
  • Estimated Value: $176,943
  • Day(s) On Site: 73
  • Property Type: Single Family Dwelling
  • Defendant Name: CARLA E BENSON
  • Last Sale Amount: $2,404
  • Last Sale Date: 08-25-2009
  • Recording Book: 589
  • Trustee Address: 10 WEYBOSSET ST #800
  • Trustee Name: ROBERTS CARROLL FELDSTEIN AND PEIRCE INC
  • Trustee City: PROVIDENCE
  • Trustee State: RI
  • Trustee Zip: 02903
  • Trustee Phone: (401) 521-7000
  • Deed Category: NTS
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Public Records

  • Bedrooms: 2
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Fireplaces: YES
  • Exterior Wall Type: WOOD SIDING/SHINGLE
  • Heating Type: FORCED HOT WATER
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: HIP
  • Land Area Sqft: 31,798
  • Year Built: 1953
  • APN: GLOC-000017-000000-000139
  • Property Type: Single Family Residence
  • Living Sqft: 1,280
  • Style: RANCH
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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: 12-07-2021
  • Auction Time: 10:00 AM
  • Auction Address: 228 PUTNAM PIKE
  • Auction City: CHEPACHET

    Loan Information

  • 1st Mortgage Date: 07-18-2011

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Homes On This Street
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Putnam Pike
Chepachet, RI 02814

2 Beds   1 Bath   1,280 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56897821

Property Information

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Public Records

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Property Description

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Listing URL

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