3 Beds   2 Baths   1,216 Sq. Ft.
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S Hamilton Ave
Chicago, IL 60620

Status: Inactive
Listing ID: 56862044

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,216
  • Total Square Feet: 2,566
  • Year Built: 1947
  • Day(s) On Site: 83
  • Sale Type: ForeclosureTrustee
  • Subdivision: HARRY M QUINN INC ADD 03
  • Source Status: Live Event
  • Deed Category: NFS

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 8,221
  • Year Built: 1943
  • APN: 20-30-318-030-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,216
  • Basement Finish Type: UNFINISHED
  • Style: OLD
  • Subdivision: HARRY M QUINN INC ADD 03

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: 12-10-2021

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Chicago, IL
Home Inspectors
True Blue Home Inspections, Inc.
James Clark
3129250166
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
Homes On This Street
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S Hamilton Ave
Chicago, IL 60620

3 Beds   2 Baths   1,216 sq. ft.

 

Status: Inactive Listing ID: 56862044

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=S-Hamilton-Ave-Chicago-IL-60620/56862044_lid

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