4 Beds   2 Baths
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Swamp Cypress Trl
Gainesville, GA 30504

Status: Inactive
Listing ID: 57969673

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Total Square Feet: 2,358
  • Year Built: 2013
  • Day(s) On Site: 38
  • Sale Type: ForeclosureTrustee
  • Source Status: Marketing
  • Deed Category: NFS

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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.


Auction Information

  • Auction Date: 07-05-2022
  • Auction Location: 2875 Browns Bridge Road
  • Auction City: Gainesville
  • Auction State: GA
  • Auction Zip: 30504

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Listing History

Start Date End Date Listing Type Bank Name
05/18/22   Preforeclosure
05/17/22   Preforeclosure

Gainesville, GA
Home Inspectors
Superior Home Inspections
Ray Thoroman
Amerispec of Atlanta
Billy Wood
Stoney Creek Home Inspections
Andrew Murdock
BPG Inspection LLC
Garry Barnette
Homes On This Street
View more homes on Swamp Cypress Trl

Swamp Cypress Trl
Gainesville, GA 30504

4 Beds   2 Baths


Status: Inactive Listing ID: 57969673

Property Information

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Property Description

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