3 Beds   2 Baths   1,265 Sq. Ft.   Single-Family
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Red Fox Trl
Oakwood, GA 30566

Overview

This Single-Family Preforeclosure is located at Red Fox Trl, Oakwood, GA 30566. It has 3 Beds, 2 Baths , 1,265 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56887689

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,265
  • Total Rooms: 6
  • Lot Size: 0.69 acres
  • Levels: 1
  • Year Built: 1979
  • Source ID: 21325638
  • Day(s) On Site: 273
  • Subdivision: FOX TRACE
  • Parcel Number: 08041 002046
  • Property Type: Single Family Dwelling
  • Plaintiff: TRUIST BANK
  • Defendant Name: DAVID CHARLES RIDDLE
  • Recording Book: 6728
  • Trustee Name: ALDRIDGE PITE LLP
  • Trustee Address: 3575 PIEDMONT ROAD N.E.SUITE 500
  • Trustee City: ATLANTA
  • Trustee State: GA
  • Trustee Zip: 30305
  • Trustee Phone: (404) 994-7637
  • Deed Category: NTS
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Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 6
  • No. of Stories: 1
  • Basement Sqft: 1,265
  • Parking: FRAME GARAGE
  • Parking Sqft: 552
  • Air Conditioning: CENTRAL
  • Fireplaces: WOOD STOVE
  • Pool: YES
  • Exterior Wall Type: FRAME
  • Foundation Type: MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE/HIP
  • Land Area Sqft: 30,056
  • Year Built: 1979
  • APN: 08-0041-02-046
  • Property Type: Single Family Residence
  • Township: COUNTY
  • Living Sqft: 1,771
  • Garage: FRAME
  • Style: RANCH
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: FOX TRACE

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 Address: 225 GREEN ST SE
  • Auction City: GAINESVILLE

    Loan Information

  • 1st Mortgage Date: 07-29-2010

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Oakwood, GA
Home Inspectors
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Steven W. Goolsby
404-372-0901
Homes On This Street
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Red Fox Trl
Oakwood, GA 30566

3 Beds   2 Baths   1,265 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56887689

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=Red-Fox-Trl-Oakwood-GA-30566/56887689_lid

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