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Slaton Dr Nw
Atlanta, GA 30305

*Rental Value Coming Soon

Overview

This is located at Slaton Dr Nw, Atlanta, GA 30305. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 59933129
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Learn about Slaton Dr Nw in Atlanta, GA

This property is available as a preforeclosure at Slaton Dr Nw. Based on our analysis of the current market conditions in Atlanta for Slaton Dr Nw and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Slaton Dr Nw are updated daily along with others in Atlanta, Georgia.


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Property Information

  • Day(s) On Site: 71
  • Plaintiff: US BANK
  • 2nd Plaintiff: NATIONAL CITY BANK
  • Defendant Name: DONALD SCOTT SMITH
  • Case Number: 5710519FT1
  • Deed Category: NTS

Preforeclosure

The property located at Slaton Dr Nw in Atlanta, GA is listed as a Preforeclosure

The process of preforelcosure with properties like Slaton Dr Nw in Atlanta, Georgia begin 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: 04-04-2023
  • Auction Location: BEFORE THE COURTHOUSE DOOR OF FULTON COUNTY

Loan Information

  • 1st Mortgage Date: 12-08-2006
  • 1st Mortgage Amount: $825,000
  • 2nd Mortage Date: 06-04-2007
  • 2nd Mortage Amount: $250,000

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Slaton Dr Nw
Atlanta, GA 30305

 

Status: Inactive Listing ID: 59933129

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Listing URL

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