$205,898 EMV

2 Beds   3 Baths   1,200 Sq. Ft.
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Queen Anne Ct
Atlanta, GA 30350

Status: Active
Listing ID: 57061728

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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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Atlanta, GA
Home Inspectors
Peachtree Property Inspections
Bobby Beers
404-434-7316
LunsPro Home Inspections
Timothy Hill
770-483-2808
Cingo
Jason M Laughman
Pelorus Inspection and Environmental Resource Grp
Adam Goldner
678.777.1559
BPG Inspection LLC
Peter Fagen
860-532-8414
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Queen Anne Ct
Atlanta, GA 30350

2 Beds   3 Baths   1,200 sq. ft.

$205,898 EMV

Status: Active Listing ID: 57061728

Property Information

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Public Records

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Property Description

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