3 Beds   1 Bath   1,591 Sq. Ft.
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Ridge Ln Ne
Bremerton, WA 98311

Status: Inactive
Listing ID: 56909092

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,591
  • Year Built: 1980
  • Day(s) On Site: 68
  • Plaintiff: BANK OF NEW YORK MELLON
  • Defendant Name: MARY FRANCES ESLER
  • Case Number: WA05000008211
  • Recording Date: 07-21-2021
  • Deed Category: NFS
  • Mortgage Balance: $389,290
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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 352
  • Fireplaces: YES
  • Construction Type: ALUMINUM SIDING
  • Exterior Wall Type: WOOD SIDING
  • Heating Type: BASEBOARD ELECTRIC
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 43,124
  • Effective Year Built: 1980
  • Year Built: 1955
  • APN: 352501-3-069-2007
  • Property Type: Single Family Residence
  • View: FAIR
  • Living Sqft: 1,591
  • Garage: ATTACHED
  • Style: RAMBLER
  • Sewer Type: NONE
  • Water Type: PUBLIC

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: 12-03-2021
  • Auction Time: 10:00 AM
  • Auction Location: AT THE FRONT STEPS TO THE KITSAP COUNTY COURTHOUSE 619 DIVISION ST PORT ORCHARD

    Loan Information

  • 1st Mortgage Date: 01-10-2007
  • 1st Mortgage Amount: $355,375
  • Mortgage Balance: $389,290

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Listing History

Start Date End Date Listing Type Bank Name
08/05/21 12/03/21 Preforeclosure
07/21/21 12/03/21 Preforeclosure Bank Of New York Mellon Tru...

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Ridge Ln Ne
Bremerton, WA 98311

3 Beds   1 Bath   1,591 sq. ft.

 

Status: Inactive Listing ID: 56909092

Property Information

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Public Records

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Property Description

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Listing URL

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