1 Bath   896 Sq. Ft.   Single-Family

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W Cheery Lynn Rd
Phoenix, AZ 85017

Status: Inactive
Listing ID: 56638431

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Property Information

  • Bathrooms: 1
  • Living Area Size: 896
  • Lot Size: 0.14 acres
  • Year Built: 1951
  • Source ID: 20695395
  • Day(s) On Site: 108
  • Subdivision: TISDALE TERRACE 02
  • Parcel Number: 110-38-040
  • Property Type: Single Family Dwelling
  • Plaintiff: Bank Of New York Mellon
  • Defendant Name: FRANK MCDONALD
  • Recording Date: 08-12-2021
  • Trustee Name: MTC FINANCIAL DBA TRUSTEE CORPS
  • Trustee Address: 17100 Gillette Ave
  • Trustee City: Irvine
  • Trustee State: CA
  • Trustee Zip: 92614
  • Trustee Phone: (949) 252-8300
  • Trustee Reference Number: AZ07000144-20-1
  • Deed Category: NTS
  • Document Number: 20210873090

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Public Records

  • Rooms: 4
  • No. of Stories: 1
  • Parking: CARPORT
  • Air Conditioning: REFRIGERATION
  • Exterior Wall Type: BLOCK PAINTED
  • Heating Type: FORCED AIR
  • Roof Material: ROLL
  • Land Area Sqft: 6,242
  • Year Built: 1951
  • APN: 110-38-040
  • Property Type: Single Family Residence
  • Township: PHOENIX
  • Living Sqft: 896
  • Garage: CARPORT
  • Subdivision: TISDALE TERRACE 02
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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: 11-16-2021
  • Auction Time: 10:00 AM
  • Auction Address: IN THE COURTYARD BY THE MAIN ENTRANCE OF THE SUPERIOR COURT BLDG, 201 W JEFFERSON
  • Auction City: Phoenix

    Loan Information

  • 1st Mortgage Date: 08-14-2006

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Listing History

Start Date End Date Listing Type Bank Name
09/06/21 11/16/21 Preforeclosure

Phoenix, AZ
Home Inspectors

BPG Inspection LLC
David Levan
1-800-285-3001
AZ Property Inspections Inc.
Timothy O'Neall
480-694-0650
Pillar to Post
Matthew C Raus
602-975-8763
Voyager Home Inspections
Richard J. Wiederhold
602-475-1299
BPG Inspection LLC
Brian Lang
602-459-2637
foreclosure.com

W Cheery Lynn Rd
Phoenix, AZ 85017

1 Bath   896 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56638431

Property Information

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Public Records

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Property Description

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Listing URL

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