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Vineyard Rd
Avon Lake, OH 44012

Status: Inactive
Listing ID: 56687106

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Property Information

  • Source ID: 21002511
  • Days On Site: 80
  • Plaintiff: U.S. BANK NATIONAL ASSOCIATION
  • Defendant Name: ROBERT ROLSTON ET AL
  • Case Number: 18CV196519
  • Attorney Law Firm: MANLEY DEAS KOCHALSKI LLC
  • Deed Category: NFS

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: 10-20-2021
  • Auction Time: 10:15 AM
  • Auction Location: Lorain County Administration Building, 4th Floor. 226 Middle Avenue, Elyria, OH 44035

    Property Classification

  • Classification Id: Notice of Foreclosure Sale
  • Classification Desc: This notice announces the date, time and other details related to a proposed public foreclosure auction. Don't scour the local newspapers or waste time at the courthouse hunting down these sales when you can easily find the latest information.

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Avon Lake, OH
Home Inspectors

Century Home Inspections
Bob Margiotti
440-552-2258
WIN Home Inspection (WIN Royalton-Ohio)
Santino Upchurch
440-822-8285
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Vineyard Rd
Avon Lake, OH 44012

 

Status: Inactive Listing ID: 56687106

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Property Description

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Listing URL

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